Moscow [ Russia ], March 20 (ANI): Russia n President Vladimir Putin has called on Russia n business It involves actively participating in initiatives within the BRICS structure, highlighting the economic benefits of the partnership, TV BRICS reported.

Addressing the plenary session of the Congress Russia In the Russian Society for Promotion of Entrepreneurship and Industry (RSPP), Putin emphasized the significance of bolstering relationships with BRICS countries to foster long-term economic expansion. His comments were posted on the official website of the organization. Russia n President.

Putin emphasized that the total gross domestic product (GDP) of BRICS The nations expanded by 4.9 percent in 2024, according to TV reports. BRICS .

He observed that economic expansion across various global regions is anticipated to stay steady over the next few decades, indicating that BRICS will be crucial for maintaining global economic progress. He emphasized that ongoing growth within the association will help sustain this favorable direction, highlighting the significance of international cooperation. cooperation .

The Russia President further encouraged domestic business It is essential to capitalize fully on available opportunities. BRICS including collaborations with current and prospective member countries, TV BRICS reported.

"I expect Russia n business to play an integral role in these collaborative initiatives with us BRICS partners and potential future members, Putin stated.

He highlighted the growing importance of BRICS In international economic matters and promoted increased participation in cooperative projects.

Russia has been strengthening its involvement with BRICS countries spanning various industries, such as energy, finance , along with industrial growth. As part of this cooperation Member states are currently engaged in discussions about transitioning toward settlements using their respective national currencies, establishing a cohesive payment system, and improving transportation routes.

The BRICS alliance, which includes Brazil, Russia India, China, and South Africa continue to investigate approaches for growth expansion. trade And investments amongst its members. (ANI)