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BRICS Has Overtaken G7 Economies and Will Grow Further: Russian Finance Minister

© Sputnik / Grigory SysoevBRICS
BRICS - Sputnik India, 1920, 12.05.2026
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The BRICS economy has a significant potential, it already surpasses the G7, Russian Finance Minister Anton Siluanov told Sputnik ahead of the meeting of the Board of Governors of the New Development Bank.
"The BRICS countries and other shareholders of the New Development Bank have significant economic potential. The association accounts for more than half of the world's population, and its economy already surpasses the G7," Siluanov said.
The BRICS Foreign Ministers’ Meeting will be held in New Delhi on 14–15 May, forming part of India’s 2026 BRICS chairmanship agenda and providing a platform for discussions on key global and regional issues.
The talks will bring together all BRICS foreign ministers, including Russian Foreign Minister Sergey Lavrov, who will also meet India’s External Affairs Minister Subrahmanyam Jaishankar during his visit.
Russian Foreign Minister Sergey Lavrov (left) during a group photo of the participants at the 17th BRICS Summit - Sputnik India, 1920, 10.05.2026
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