Unique-Russia’s VTB CEO says BRICS summit was a slap within the face for the West

MOSCOW (Reuters) – A summit of the BRICS nations held within the Russian metropolis of Kazan in October was a slap within the face for Western nations which imposed sanctions on Russia, the CEO of Russia’s second largest lender VTB Andrei Kostin advised Reuters in an interview.

“Twenty three leaders got here to Kazan for the BRICS summit. It is a sure assertion, even a slap within the face to the Individuals. It’s vital that there’s help for Russian initiatives and a rejection of U.S. insurance policies,” Kostin stated.

“I believe the summit was useful for Russia, and there shall be additional steps, it is necessary to not calm down,” he added.

Kostin stated that Western sanctions on Russia didn’t work as a result of there have been “dozens” of nations keen to work with Moscow, together with China, India and Turkey.