The Pragmatic Agenda of BRICS and the EAEU: Instruments to Streamline the Formats

Streamlining the BRICS and EAEU formats creates a mutually beneficial innovation ecosystem, which, through complementary capacities, provides participants with access to capital, new markets, and technologies, stimulating long-term structural growth.

The emphasis is placed on how the common framework of financial, payment, and institutional solutions transforms the intersection of both formats into a space for advanced technological and industrial development. The key challenge in this matter lies not in political declarations, but in the formation of applied tools that allow ideas from university laboratories and regional clusters to evolve into international projects.

Innovation Starts From Below

Real innovation is born not in government offices but in cities, technoparks, universities, and small enterprises. The task is to create instruments that will enable regional ideas to cross borders, attract package financing, and grow into international projects while maintaining speed and flexibility.

Financial Architecture

The New Development Bank (NDB), which traditionally finances infrastructure projects, should expand its mandate to include digital infrastructure, clean technologies, healthcare, urban development, and sustainable industry.

However, large development-bank loans alone are insufficient. Specialized BRICS and EAEU innovation funds,........

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