BRICS nations discuss pathways for tech firms to access public markets at SPIEF

Source: News18 | Original Published At: 2026-06-05 11:30:06 UTC

Key Points

• BRICS technology company growth could boost annual GDP by up to US$656 billion, with deeper cooperation generating additional US$2.7 trillion economic impact per year
• BRICS countries accounted for nearly 50% of global technology company IPOs in 2025, with around 90% concentrated in China and India
• Russia aims to raise stock market capitalization-to-GDP ratio to 66% under presidential directive, viewing capital market development as major economic driver
• Russia is studying experiences of China, India and UAE while seeking greater integration of financial infrastructure among BRICS countries
• Alternative financial market infrastructure within BRICS could contribute up to US$12 billion annually to economic growth
• UAE reforms attracted more than 53,000 new investors to its stock market last year, with 80% coming from outside the country