Russia
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mid.ru Dear colleagues, distinguished guests and participants, good morning!
It is my great pleasure and honour to be invited to compare notes about BRICS at this meeting of the Valdai Discussion Club – a highly respected platform for open, constructive and thoughtful dialogue.
First and foremost, I’d like to underscore our deep gratitude for the insightful contributions of the academic society, in particular expert community, in providing analytical support to the BRICS agenda and, of course, to advancing Russia’s foreign policy in general. For us, a steady stream of fresh ideas and new innovative perspectives remains essential.
All that said, in view of the theme of today’s discussion – “BRICS today – a plateau or a new rising?” – I have to say that I’ve been tempted to add a note of doubt on this choice of words.
Lately we’ve been witnessing a rising tide of criticism coming primarily from the western quarters about shyness, slowness and ineffectiveness of BRICS, even not rising to the occasion to respond to the current global challenges, direct negative outbursts coming from its opponents and some high quarters. The notion of “BRICS on a plateau today” reminded me of such allegations.
I have to stress, that there could be nothing further from the truth.
Next year, BRICS will celebrate its twentieth anniversary. Since 2006, the grouping has gone through an impressive evolution. By 2025, BRICS has more than doubled in size, if we count partners – even quadrupled, transforming into a mature strategic partnership of like-minded nations united by a shared vision.
BRICS was initially formed as an association of states belonging to different, even civilizational, systems, representing different continents and cultures. Accordingly, each BRICS member has significant national identity, its own vision – both of its role in the grouping and of its direction and development. But more importantly, BRICS is firmly rooted in the principles of genuine equality, openness, and mutual respect. Without these, BRICS simply would not exist. And this is precisely where a very productive balance between national distinctiveness and a shared commitment to this particular model of cooperation manifests itself.
From this perspective, BRICS is, of course, in many ways a pioneering international phenomenon. BRICS has evolved since its inception – even underwent several stages of qualitative transformation. What began as an informal dialogue platform has become now a complex and multifaceted mechanism for interstate cooperation on an equal footing across a wide range of areas. Today we have a fairly well-developed self-sustaining mechanism for financial, trade, and economic cooperation. I’d say we have now in BRICS around 40 or more dedicated work-streams. Interaction occurs through relevant government agencies and business communities of the states. Over the years, our grouping has also become a recognized and influential actor on the global stage that plays substantive role in shaping the international agenda. At the annual summits joint decisions are adopted and developed that reflect the shared approaches of participating states to many key issues on the global and regional agendas.
Expanding over the years agenda is a natural process. The world isn’t getting simpler, and as we accumulate experience in our own multilateral cooperation, it’s only natural that BRICS is formalizing and announcing its approaches. The latest BRICS Summit in Rio reaffirmed our joint commitment to further strengthening political coordination to facilitate the emergence of a new democratic, polycentric world order, where the interests of the World’s Majority, Global South and East countries will be duly taken into account. We believe BRICS will continue to serve as a driving force for positive global change. The potential here is enormous, and it is only just beginning to be realized. And of course it reinforces, helps us further to act in concert in other venues – beyond BRICS. The UN, G-20, you name it.
And that’s precisely why it attracts so much attention: many countries across the Global South and East are curious to understand, how the BRICS modus operandi would work for their benefit while preserving their national identity. And it is obvious that what draws them to BRICS is far from only its combined economic weight (which is considerable and growing – BRICS amounts already a combined GDP, measured by purchasing power parity, of around 40% of global GDP, a quarter of international trade, and nearly half of the world’s population; BRICS states are major exporters and consumers of energy resources, comprise one-third of the world’s irrigated fertile land and more than 40% of global agricultural output), but beyond all that by its distinct culture of dialogue – a culture built on sovereign equality, respect for each nation’s development path, inclusiveness, and a genuine commitment improving the well-being of its peoples. And all decisions within BRICS are made solely by consensus – and this is one of the key guarantees that the national interests of each state are protected and ensured. At the same time it has a unifying effects and constitutes the foundation of the grouping strength. This is a true common denominator. Not the lowest common denominator, as some would try to describe it, but the greatest common denominator, in terms of how the positions of different countries, when formulated collectively, acquire additional weight and leverage in other international multilateral fora.
BRICS since its inception is based on three pillars of cooperation – policy and security, economics and finance, and humanitarian contacts – which year by year are filled with practical initiatives and, in a political sense, reflect common views on global processes, security, development, economic and financial, environment and health challenges, which BRICS does not shy away from. BRICS continues to develop in line with its stated goals and with a focus on addressing practical issues. If one looks at the lengthy leaders summit declarations, their operational sections, for example, adopted in Kazan in 2024 and in Rio de Janeiro in 2025 – it’s clear what has been done and what will be done next. Such leaders’ documents could or should be called action plans since they are, by and large, not just statements of intent, but de facto roadmaps for practical work, real action. Here, we all in BRICS have much to be proud of and – of course – room for further improvement.
One might add here that the World Majority sees clearly the stark difference between BRICS and some other groupings. To illustrate this let me quote as an example the description of G-7 in a recent Foreign Affairs article: “a U.S.-led group of economically advanced countries that, in the interest of promoting their common purpose and values, willingly sacrifice a significant degree of strategic autonomy”. I will not dwell on this assessment – G-7 is «not my cup of tea» – but from my already long experience within BRICS I can assure you with absolute certainty that such words could never be applied to BRICS.
Our opponents’ increased attention to BRICS is understandable. The grouping has transformed into a real force to be reckoned with. It has become an integral component of the new, changing world order. That article in Foreign Affairs also vividly shows that our Western vis-à-vis try to measure BRICS by their own yardstick, seeing our grouping only through the confrontation lens – how it might or not be able to oppose, withstand the western politics or, let’s say, the current world trade and tariffs policies. They are accustomed to thinking within their own paradigm – the logic of bloc thinking, which boils down to the formula: “Whoever is not with us is against us”. This mindset has not only become ingrained; it has become an absolutely inescapable part of the mentality of politicians and policy-making circles in the collective West. Hence the suspicion, hence the desire to find ways to weaken BRICS and hinder its further development.
What they fail to see is that BRICS is not a geopolitical bloc directed against anyone. It is not “anti-West”, but is genuinely “non-West” – a positive and inclusive platform. Our own open and broad-based agenda, grounded in constructive dialogue and cooperation, not confrontation, appears unsettling for them. Let us be frank: no Western country has or will ever join BRICS. The reason is clear. The so-called «golden billion», or the privileged «garden» minority of advanced economies if you wish – continues to resist multipolarity, striving to preserve the comfort of unipolarity and through this its historical dominance. What BRICS is accused of is merely a reflection of a policy aimed at weakening geopolitical competitors. And this will continue to happen. And BRICS, no doubt, will continue to resist it.
Those who are moving closer to BRICS see the persistence with which our vis-à-vis are trying to undermine it. Nevertheless, the tectonic shifts under way in global politics are irreversible. The desire for cooperation in this format remains strong. Self-respecting countries, politicians who prioritize their national interests over pleasing some guy in some capital, are making a conscious choice in favor of rapprochement.
BRICS on its part is developing steadily interaction with the World Majority, enhancing consistently dialogue with all those who are willing to engage in a good will. Here I’d like to quote President Vladimir Putin, who said at the plenary session of the Valdai Discussion Club: “We are not pursuing a policy against anyone. The entire BRICS policy is aimed at ourselves, at the members of this grouping”. BRICS countries are not proposing an «alternative world», but advocate building better foundations, conditions for integration and sustainable growth amid today’s challenging international environment.
The increasing interest in BRICS is not accidental – it reflects a deep global demand for more inclusive, equal and representative cooperation, for a platform to voice and defend the priorities, core interests and concerns of the Global South and East. In an era of uncertainty, many states look to BRICS as a source of resilience and stability.
This momentum naturally led to the expansion of BRICS membership and the creation of the BRICS Partner Country category. On 1 January 2024 Egypt, Iran, the UAE and Ethiopia joined as full members, followed by Indonesia this year. Saudi Arabia joined also this process. In 2025 the decision to create a category of partner countries was adopted in Kazan – one of the significant achievements of the Russian 2024 Chairship. Currently, ten countries became BRICS partners: Belarus, Bolivia, Vietnam, Kazakhstan, Cuba, Malaysia, Nigeria, Thailand, Uganda, and Uzbekistan.
Generally, there is a common understanding within BRICS that the doors of the group must remain open to interaction with countries of the Global South and East that share the BRICS values. At the same time currently there are no expectations of immediate steps in this direction. Today the primary focus is on the consolidation of the expanded BRICS, of its vast constellation of cooperation mechanisms.
As President Vladimir Putin noted at the Valdai Discussion Club on 2 October 2025, BRICS is expanding rapidly – and «this growth is both good and challenging». The more participants the group brings on board, the heavier the BRICS ship becomes in terms of the interests and opinions. Yet coordination and dialog remain the only path forward, and BRICS has shown that it is capable of finding common ground and moving collectively, navigating through turbulent waters of the current international environment.
And world interest in BRICS continues to grow. We observe it at the traditional “Outreach” and “BRICS+” summit sessions where the speakers and those invited to these events demonstrate a desire not only to better understand the opportunities BRICS offers them, but also to make an intellectual and practical contribution to this work. This has been particularly noticeable in recent years. Both during the South African Chairship in 2023, and during Summit in Kazan a year ago, and in Rio de Janeiro this past July, nearly three dozen countries from the Global South and East participated in each of these events. Furthermore, the heads of the executive bodies of the UN, WHO, WTO, and multilateral development banks also participated. We welcome this.
These major global events testify vividly as well, by the way, that BRICS has no hidden agenda. As you well can imagine: if anything anti-Western were being hatched in these formats, if any schemes were being hatched, if the threads of a conspiracy were being woven to undermine Western structures, it would be known and visible. This is clear not only to those directly involved in it but also to invited states and any unbiased observer.
Although BRICS is relatively new, experience has already been accumulating. Building on the decisions of previous summits each Chairship provides undoubtedly well-thought-out contributions to its agenda, laying the grounds for the further progress of grouping. All its members also contribute constructively to this work in one way or another. BRICS remains guided not by ideology, but by mutual interests, sovereign equality, and beneficial cooperation. This message was reaffirmed in the Declaration of the XVI BRICS Summit in Kazan on 22-24 October 2024, where leaders supported strengthening multilateralism through «the emergence of new centres of power, policy decision-making and economic growth, which can pave the way for a more equitable, just, democratic and balanced multipolar world order». The XVII BRICS Summit in Rio de Janeiro on 6-7 July 2025, alongside the extraordinary leaders’ online-meeting on 8 September 2025 focused on the global economy and multilateral trade, further reaffirmed BRICS as one of key centers of global influence – a voice defending the core interests of the Global South and East.
No one can predict exactly what BRICS will look like in ten or thirty years. Much will depend on the evolution of the international system itself. But BRICS emerged as one of the pillars of a world order rooted not in the dominance of the power, but in international law and sovereign equality.
Let me reiterate, addressing the central question of today’s discussion: there is no sign of a growth plateau or stagnation within BRICS. Despite the diversity of political systems, cultural and civilizational backgrounds among its member states, nobody brings negative agendas into the group. On the contrary, all its members remain committed to constructive engagement, mutual respect and further cooperation, ensuring that the BRICS platform remains forward-looking and inclusive. One could also notice that expectations surrounding BRICS are set sometimes unrealistically high. In practice, work all across relevant pillars moves forward in a step-by-step manner, in full respect of national legislations and interests, as well as priorities and political will of our member states. In other words, we are not in the business of manufacturing decorative formats for the sake of publicity or artificial timelines.
The end of the very productive and successful Brazilian BRICS Chairship is approaching, – and we wholeheartedly congratulate our friends and colleagues in Brasilia, – and, accordingly, the moment when our Indian colleagues will share with other members of the grouping their plans for their 2026 BRICS Chairship. Our Indian friends have traditionally shown great interest and devoted significant attention to working within the BRICS format. This has always been the case: India is a founding member of the grouping. Now that BRICS has expanded, it is a ship that the Indian captain, we are confident, will steer next year on a steady, firm course toward further deepening our multifaceted cooperation. As has happened in the past, during previous India’s Chairships, they will add momentum and initiatives in each area of the vast BRICS partnership. Moreover, they will do so thoughtfully, with their own national specifics, which we respect and will strive to fully support. We'll see what results BRICS achieves by the end of next year, but I’m confident that under India’s leadership, cooperation within the grouping, with BRICS partner countries and with other like-minded states will significantly advance.
Thank you.