Vladimir Putin has singled out the “ill-conceived, selfish actions of individual states” 

Vladimir Putin has singled out the “ill-conceived, selfish actions of individual states” as an issue of concern in his speech at the 14th Brics summit

The event is being held virtually, and is being hosted by President Xi Jinping of China. Qazet.az reports.

The Russian news agency RIA Novosti quotes the Russian president saying:

Only on the basis of honest and mutually beneficial cooperation can we look for ways out of the crisis situation that has developed in the world economy due to the ill-conceived, selfish actions of individual states, which, using financial mechanisms, in fact, spread their own mistakes in macroeconomic policy to the whole world.

The Brics group of economies is made up of Brazil, Russia, India, China and South Africa.