Neutral impactEconomy
In New Delhi, Putin pitches BRICS investment platform, says bloc’s growth outpaces G7 - ‘World is always changing’
Mint 1 hr ago·11 Sept 2026, 2:39 pm
Russian President Vladimir Putin announced a new digital investment platform for the BRICS nations at a summit in New Delhi. This initiative aims to mobilize private-sector capital and enhance the competitiveness of member economies. The project is built on the framework of the New Development Bank, which is also known as the BRICS Bank.
This move signals a concerted effort by the bloc to strengthen its financial infrastructure and reduce reliance on traditional Western systems. For investors, it highlights the growing economic significance of emerging markets and diversification opportunities beyond the G7. It also reflects a broader shift in global economic power dynamics.
Investors should monitor the progress of this platform and the broader economic policies of BRICS nations. Any tangible developments or partnerships could signal a new era of financial integration for these economies.
Excerpt from Mint
Putin said the proposed digital investment platform built on the framework of the New Development Bank (NDB) would seek to mobilise private-sector funding and make BRICS economies more competitive. Russian President Vladimir Putin has pitched a new investment platform to fund projects in trade, infrastructure,…Read the original at Mint
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- Category: Economy.
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