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Putin says Brics should become trading bloc representing ‘global majority’

Russian president addresses group at South Africa summit, blaming western sanctions for causing volatility in global markets

Vladimir Putin has told a summit of the Brics group of countries in South Africa that it should become a trading bloc representing the “global majority”.

However, differences among the group – comprising Brazil, Russia, India, China and South Africa – have become apparent at the summit over accepting new members, and whether to turn Brics into a geopolitical counterweight to the west.

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