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account for approximately 30% of world GDP and almost 50% of gold reserves. More about the economic indicators of BRICS and the G7 and their shares in the global economy in the TASS infographic.
The GDP of the newly expanded BRICS in terms of purchasing power parity (PPP) will reach $65 trln, or 37.3% of global GDP, versus the G7 at 29.9% MOSCOW, August 24. /TASS/. With the 2024 accession ...
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Russia prioritizes BRICS, SCO, G20 over G7, views it as outdatedleading the G8 to revert to the G7. Russia is now looking towards greater opportunities in BRICS, a group of major emerging economies, and the G20, which includes both developed and developing ...
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