❗Key takeaways from Russian President Vladimir Putin's speech at the BRICS Business Forum:

▪ BRICS accounts for over 40% of global GDP, compared to 29% for the G7

▪ Over the past three years, Russia's economic growth rate has exceeded the global average

▪ Russia's GDP grew by 10.3% between 2023 and 2025

▪ Robust business partnerships within BRICS form the foundation of international relations

▪ BRICS nations have accounted for half of global economic growth

▪ The global economy has shifted, with old "leaders" replaced by new "engines of development"

▪ The success of BRICS countries is driven by dynamic domestic markets and rapid urbanization

▪ In a bid to maintain its leadership, the West is attempting to aggressively disrupt logistics, destroy infrastructure, and seize vessels

▪ Some 30,000 sanctions have been imposed against Russia — twice as many as against all other countries combined

▪ The initiators of the sanctions are facing an economic downturn and can no longer pursue innovative policies like Russia does

▪ Russia has strengthened its national sovereignty and is now developing alongside reliable and predictable partners

▪ Russian innovations are based on proprietary solutions and developments of its BRICS partners

▪ The West is trying by any means to regain its lost leadership, including through underhanded tactics

▪ Leading Eurozone economies saw industrial output drop by 8%, which is a lot

▪ BRICS does not want to shut itself off, the bloc is ready for mutually beneficial cooperation with the entire world.