Putin: BRICS makes up 40% of global economy
Russian President Vladimir Putin affirmed that the BRICS group accounts for approximately 40% of the global economy based on purchasing power parity, and has contributed about half of the global GDP growth over the past five years. Meanwhile, the G7 countries' contribution has not exceeded 18%. He also pointed out that intra-BRICS trade volume exceeds one trillion dollars annually, emphasizing the independence of the member countries' development centers.
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