Russian Finance Ministry Estimates BRICS Technological Development Potential at $406 Billion Annually

Source: RT на русском | Original Published At: 2026-05-05 10:09:54 UTC

Key Points

• The Russian Ministry of Finance assessed the annual potential for technological development within BRICS at $406 billion.
• The estimate is based on research conducted by the Central University with ministry support.
• The potential specifically covers financing markets for research, development, and venture investments across member countries.
• The report notes growing interest from other entities, such as the Arab League, in cooperating with BRICS.