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20 July, Friday

Ufa   °

BRICS Summit managed to preserve everything that had been worked out in Ufa - Vladimir Putin


UFA, 5 September 2017. /Bashinform News Agency, Galiya Nabieva/.

After his visit to China to participate in the BRICS Summit, Vladimir Putin answered questions of Russian journalists. The head of the state, in particular, summed up the results of the BRICS Summit and his talks with foreign leaders on the Summit's sidelines and shared his perspective on pressing international issues.

Vladimir Putin recalled that BRICS emerged at Russia's initiative back in 2005 when we first brought to the same table representatives of the People's Republic of China, India and Russia. This is how the three countries started working together, and later expanded to five countries.

"There is no doubt that BRICS has great prospects. At its core is the convergence of interests in a number of areas, not some kind of ideological principles," the head of state noted. "This primarily has to do with economic structure and our common commitment to make the global economy more fair and noble, so to speak. Overall, we succeeded in coordinating our positions on a number of fundamental issues over the past years».

BRICS countries regularly meet not only at specialized summits like the one in the People's Republic of China, but also on the sidelines of various international events before the start of those events. For example, BRICS leaders regularly meet ahead of G20 meetings.

Vladimir Putin drew attention to the fact that the New Development Bank had been established and was already functioning. Russia begins to receive adequate funding for the three projects. This relates to water purification in the Volga basin, the development of the judicial system, especially construction of buildings, facilities and informatization of the judicial system of Russia. It concerns some other very interesting and, perhaps, not so large-scale, but still important for our country projects.

Separately, Vladimir Putin touched upon an issue of women's entrepreneurship: "In my opinion, this is an important, right thing. Women's entrepreneurship is supported almost all over the world".

The Russian President noted that there were other important, interesting and promising undertakings.

"The Chinese Presidency managed to preserve everything that had been worked out so far, including our joint work in Russia, in Ufa, and create new impulses",  the President stressed. "It was a successful Summit, including with the participation of outreach countries leaders, those states that represented emerging markets from different parts of the world".

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