Russia says it has no interest in rejoining the G8. The group no longer represents the world’s leading economies, says Deputy Foreign Minister Alexander Grushko.
He points out that BRICS now holds more collective economic power than the G7. The share of G7 countries in global GDP continues to shrink. This shift reflects a broader realignment in global economic influence.
If you track how power structures evolve, this statement matters. It signals Russia’s strategic pivot toward multipolar alliances and away from Western-dominated forums.
You should understand what this means for international cooperation, trade flows, and how nations position themselves in a changing world order.