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Ryabkov: BRICS Countries Continue Working on Launching Investment Platform

Source: Известия | Original Published At: 2026-06-03 14:56:58 UTC

Key Points

  • Russian Deputy Foreign Minister Sergey Ryabkov confirmed BRICS nations are actively developing an investment platform initiative.
  • The proposal aims to utilize digital instruments to channel investment resources to developing markets facing capital deficits.
  • Ryabkov noted the idea is firmly on the agenda thanks to contributions from partner countries.
  • Progress is expected during India's current BRICS chairmanship alongside other financial mechanisms like clearing systems.
  • Foreign Minister Lavrov previously proposed the platform to accumulate funds for joint projects across the Global South and Global East.
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