RT
The Russian president’s speech in Kazan focused on the group’s financial integration and new development prospects
Russian President Vladimir Putin addressed a meeting of leaders at the BRICS Summit in Kazan on Wednesday. In his speech, he focused on the growing role and prospects of the economic group, and warned about the risks to the global economy from Western sanctions and protectionist policies.
Putin also announced Russia’s initiatives within the BRICS framework, including the formation of a grain exchange and a new investment platform.
Here are the key takeaways from the president’s address.
Multipolar world order being formed
World trade and the global economy as a whole are undergoing significant changes, the Russian president told the extended-format BRICS meeting. The center of business activity is gradually shifting towards developing markets, he added. “A multipolar model is being formed, which is launching a new wave of growth,…
