Financial Session on International Financial Partnership to Be Held at the "BRICS: New Horizons of Partnership" Forum

On November 26, 2026, within the framework of the 12th Moscow International Financial and Economic Forum "BRICS: New Horizons of Partnership," a dedicated financial session entitled "International Financial Partnership in the New Reality: Investments, Innovations, and Payment Systems Across the SCO, BRICS, EAEU, and the Global South" will be held. The session will be moderated by Alexey Kazartsev, Chairman of the International Banking Committee of the Financial and Business Association of Euro-Asian Cooperation.

The session will focus on building a resilient architecture for international financial cooperation amid the ongoing transformation of the global economic system. Key discussions will center on practical mechanisms for engagement between Russia, China, India, and the nations of the Greater Middle East and Southeast Asia, with a particular emphasis on Vietnam and Thailand.

The agenda will cover four key areas. The first addresses payment systems and settlements under sanctions: sharing experiences in the use of national currencies and direct clearing between banks in Russia, China, India, Vietnam, and Thailand; integrating the Mir, UnionPay, UPI, VNPay, and PromptPay systems; exploring the role of central bank digital currencies; and overcoming barriers posed by Western processing standards.

The second area focuses on international investment and project finance: mechanisms for investment protection and political risk mitigation within the Russia–China–India triangle and the Southeast Asia–Middle East corridor; co-financing instruments for infrastructure and high-tech projects; Vietnam’s and Thailand’s experience in attracting foreign direct investment into innovative sectors; and cross-border financing case studies, spanning the entire lifecycle from concept to mass production.

The third topic is innovation and SME financing: the specifics of lending to small and medium-sized innovative enterprises with limited access to international credit ratings; collateralized financing backed by intellectual property; developing a unified methodology for IP valuation and the assignment of investment ratings within the SCO and BRICS frameworks; and exchanging best practices among Chinese technoparks, Indian startup hubs, Vietnamese innovation clusters, and Russian development funds.


The fourth area covers international communications and regulatory cooperation: harmonizing banking standards and compliance requirements; developing secure channels for financial information exchange as alternatives to SWIFT; the role of the SCO, BRICS, and EAEU Business Councils; and the prospects for establishing a multilateral rating platform to assess the creditworthiness of borrowers from participating countries.

Following the session, the organizers plan to issue practical recommendations on simplifying cross-border settlements for businesses, launch initiatives for pilot co-financing programs for innovative projects involving banks and funds from Russia, China, India, Vietnam, and Thailand, and develop a roadmap for creating unified intellectual property valuation standards for lending purposes.

The session is intended for representatives of central and commercial banks from the SCO, BRICS, EAEU, Southeast Asia, and the Middle East; heads of venture funds, development institutions, and export credit agencies; officials from ministries of finance, economy, and industry; executives of innovative companies and startups; as well as experts in intellectual property valuation, international law, and compliance.

The session will also feature specific case studies on financing high-tech projects, including those in the electric vehicle manufacturing and autonomous transport sectors.