World

04.12.2025

Putin Advocates for BRICS Currency Expansion

Illustration for: Putin Advocates for BRICS Currency Expansion

In statements to the television channel ‘India Today,’ Putin said: ‘We must widely utilize the potentials of the New Development Bank for BRICS countries.’ The Russian president emphasized that ‘the possibilities for using national currencies for settlements within the BRICS group should be expanded.’

A correspondent from the ‘Sputnik’ agency reported that President Putin’s plane landed at India’s Palam Airbase. The visit of Russian President Vladimir Putin to India spans December 4th and 5th, at the invitation of Indian Prime Minister Narendra Modi.

Accompanying him are Finance Minister Anton Siluanov and Russian Central Bank Governor Elvira Nabiullina, along with a large delegation of businesspeople. Earlier, officials from both countries confirmed that a set of major economic agreements is in its final stages and will be signed during the summit.