04:38Russian President Vladimir Putin claimed on Friday that the states which imposed anti-Russian sanctions are themselves experiencing economic difficulties, speaking at a BRICS Business Council meeting in New Delhi.
"It is also necessary to note that in the countries that initiated the sanctions pressure, which are themselves facing growing problems of budget deficits, rising public debt and industrial decline, they have been unable to pursue such a policy. They themselves have faced difficult and serious consequences" said Putin.
"The leading economies of the eurozone - I won't point fingers - have seen industrial production decline by eight per cent over the past several years. That is a lot for them," he added.
Putin also stressed the need to develop practical co-operation within BRICS and create more favourable conditions for business.
"We do not want to limit ourselves in any way or shut ourselves off. At the national, corporate and even broader level of our partnership, we are not building our work against anyone. We are for ourselves and our interests, but we are ready to co-operate with all our partners", the president said.
Putin's visit runs from September 11-13. On Saturday, the leaders take part in a high level BRICS Summit session before meeting in an expanded format with partners and invitees and signing final documents on Sunday. The Russian president is also expected to hold a number of other bilateral meetings.
Those who pushed anti-Russian sanctions faced economic downturn! - Putin at BRICS biz forum
Russian President Vladimir Putin claimed on Friday that the states which imposed anti-Russian sanctions are themselves experiencing economic difficulties, speaking at a BRICS Business Council meeting in New Delhi.
"It is also necessary to note that in the countries that initiated the sanctions pressure, which are themselves facing growing problems of budget deficits, rising public debt and industrial decline, they have been unable to pursue such a policy. They themselves have faced difficult and serious consequences" said Putin.
"The leading economies of the eurozone - I won't point fingers - have seen industrial production decline by eight per cent over the past several years. That is a lot for them," he added.
Putin also stressed the need to develop practical co-operation within BRICS and create more favourable conditions for business.
"We do not want to limit ourselves in any way or shut ourselves off. At the national, corporate and even broader level of our partnership, we are not building our work against anyone. We are for ourselves and our interests, but we are ready to co-operate with all our partners", the president said.
Putin's visit runs from September 11-13. On Saturday, the leaders take part in a high level BRICS Summit session before meeting in an expanded format with partners and invitees and signing final documents on Sunday. The Russian president is also expected to hold a number of other bilateral meetings.
Russian President Vladimir Putin claimed on Friday that the states which imposed anti-Russian sanctions are themselves experiencing economic difficulties, speaking at a BRICS Business Council meeting in New Delhi.
"It is also necessary to note that in the countries that initiated the sanctions pressure, which are themselves facing growing problems of budget deficits, rising public debt and industrial decline, they have been unable to pursue such a policy. They themselves have faced difficult and serious consequences" said Putin.
"The leading economies of the eurozone - I won't point fingers - have seen industrial production decline by eight per cent over the past several years. That is a lot for them," he added.
Putin also stressed the need to develop practical co-operation within BRICS and create more favourable conditions for business.
"We do not want to limit ourselves in any way or shut ourselves off. At the national, corporate and even broader level of our partnership, we are not building our work against anyone. We are for ourselves and our interests, but we are ready to co-operate with all our partners", the president said.
Putin's visit runs from September 11-13. On Saturday, the leaders take part in a high level BRICS Summit session before meeting in an expanded format with partners and invitees and signing final documents on Sunday. The Russian president is also expected to hold a number of other bilateral meetings.