Speaking at the BRICS parliamentary forum in St Petersburg, Russian President Vladimir Putin on Thursday accused the West of attempting to maintain a monopoly.
"Pressure
is growing on everyone who has their own position. Contrary to the principles
of international law, coercion, unilateral sanctions, selective application of
trade rules, and blackmail are used," he said.
The
group, comprising Brazil, Russia, India, China, and South Africa, welcomed five
new members in January, including Iran and Egypt.
Putin
said that by acting together, BRICS countries would achieve a safer and more
harmonious world.
“We
will be able to achieve the maximum implementation of the economic, investment,
technological, and human potential of our countries, and strengthen the
constructive influence of BRICS on global processes,” he said.
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