Home Breaking News Lavrov: BRICS countries have become a locomotive of global economic transformation

Lavrov: BRICS countries have become a locomotive of global economic transformation

16
0

The following is the most noticeable of what was stated in Lavrov’s speech during the second session of the seventeenth summit of the Brix group, which was held under the name “Assistance of the multilateral world system, financial and economic issues and artificial intelligence”: ”:”: ”

  • The share of BRICS countries is increasing in the volume of Russian trade; Where it exceeded 48% last year.
  • Today, the Brex group is the locomotive of the economic transformation of the world.
  • BRICS countries already amounted to more than 40% of global GDP in accordance with the purchase capacity standard, and this percentage increases, and the group of the group of the group of the group calculations is up to 45%, which is equivalent to 93 trillion dollars.
  • The traditional globalization model, led by the West, is from the past.
  • The global majority seeks to create development mechanisms, independent of the West in the light of international changes in recent years.
  • Cofid-19 pandemia revealed many shortcomings in the global commercial and financial system, and the pace of its decay accelerated.
  • The deterioration of the global economic system increased the imposition of illegal sanctions and the use of the dollar as a punishment for punishment, which led to confidence in this currency as a reliable payment.
  • The number of countries with a high level of debt has grown from 22 countries in 2011 to 59 countries at present.
  • Developing countries spend more to serve their debts than they invest in their development.
  • The situation got out of control even in developed countries – the United States recorded a record level of public debt, which is 37 trillion dollars and continues to grow.
  • Russia is considering this in order to accelerate the coordination of the general positions of BRICS on the issue of the World Trade Organization.
  • The ongoing violation of the conflict settlement mechanism in the organization, in addition to discriminatory measures in relation to developing countries, continues to damage world trade.
  • Artificial intelligence became extremely important, and by 2030 his contribution to the global GDP can reach $ 20 trillion.
  • Attempts by some countries are to isolate countries with sovereignty from global development in the field of artificial intelligence are dangerous and fail.

The Brex group was founded in 2006, which includes Russia, China, India and Brazil, and South Africa joined it in 2011. Since the beginning of 2024, Egypt, the UAE, Ethiopia and Iran joined, and in January 2025 joined Indonesia.

Countries such as Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Nigeria, Thailand, Uganda, Uzbekistan and Vietnam, collaborate with the group as “partners”. Brazil adopted the group’s presidency this year after the Russian presidency last year, and India will be held next year.

Source: RT

LEAVE A REPLY

Please enter your comment!
Please enter your name here