Moscow:Russian Foreign Minister Sergey Lavrov addressed the BRICS Interregional Business Forum in Moscow, emphasizing its critical role within the group's cooperation framework.
According to Yemen News Agency, Lavrov, in a message reviewed by the agency, noted the growing interest among the "global majority" in expanding cooperation, particularly with Russia, despite geopolitical challenges. He highlighted the forum's symbolic significance, being held in St. Petersburg, a major cultural and business center.
Lavrov stated that BRICS accounts for 40% of global GDP in terms of purchasing power parity and 23% of global trade, with intra-BRICS trade reaching $1.2 trillion. He underscored the need for continued efforts to unlock the potential for cooperation, including developing resilient international payment systems and new investment platforms.
He expressed confidence that the forum would enhance cooperation, facilitate experience exchange, and promote business contacts and partnerships across nations.
