BRICS is forming a new sustainable platform for global growth, its rules are not imposed from outside, Russian President Vladimir Putin said on Friday.
"Through the joint efforts of government bodies, businesses, and expert circles, BRICS is building a new sustainable platform for global growth. It is very important that its key elements and the rules governing the operations of companies and organizations are not imposed from outside, nor are they imposed on us by the so‑called 'golden billion,'" Putin said at the BRICS Business Forum.
The BRICS countries rely on national interests in developing trade ties, the president added.
The BRICS investment platform will help attract additional private capital to infrastructure, technology and other sectors that determine the competitiveness of the bloc's member states, Putin emphasised.
"It [the platform] should help attract additional private investment in infrastructure, technology and other sectors that determine the competitiveness of our countries. We hope this idea will also find support among the members of our association," he highlighted.
BRICS is an intergovernmental association established in 2006 by Russia, China, India, and Brazil, with South Africa joining in 2011. Several additional countries joined BRICS starting in 2024. India holds the BRICS chairmanship in 2026.
