Putin Says Russia Is Promoting a New BRICS Investment Platform for Fast-Growing Markets

Source: Известия | Original Published At: 2026-10-27 13:13:18 UTC

Key Points

• Russian President Vladimir Putin said on October 27 that Russia is promoting the creation of a new investment platform within BRICS.
• Putin said the platform would be aimed at fast-growing markets and could focus primarily on them.
• He said Africa should be one of the top priorities for implementing the initiative and described Africa as the continent of the future.
• Putin stated that young populations in African countries seeking education and better living standards would contribute to systemic transformations on the continent.
• Russian Foreign Minister Sergey Ryabkov said on October 13 that BRICS has become a significant factor in stabilizing international relations.
• Ryabkov said the BRICS platform helps states seek mutually acceptable solutions through open, mutually respectful dialogue, trust, and pragmatism.