ST. PETERSBURG, June 5. /TASS/. Economic growth rates in BRICS countries are higher than those of the Group of Seven (G7) nations and will continue to rise further, Russian President Vladimir Putin said at the plenary session of the St. Petersburg International Economic Forum (SPIEF-2026).
"BRICS leadership is increasing. According to forecasts, this ratio will continue to shift further in favor of BRICS. The question is: why is this happening? What is taking place? It is happening because economic growth rates in BRICS countries will remain consistently higher. They are higher now – and they will become even higher. This trend will persist," the Russian leader pointed out.