SOCHI, November 8. /TASS/. A new investment platform of BRICS countries with the use of electronic assets is needed for investments in developing markets, Russian President Vladimir Putin said at the plenary session of the Valdai Discussion Club.

"We suggest creating a new investment platform of [BRICS countries], using electronic assets, developing them. That is, the point is to create such a platform of electronic payments, with the use of which it will be possible to invest in developing markets, and these are primarily markets of South Asia, Africa, and Latin America in part," Putin said.

"We think so because very strong demographic processes are taking place there: population growth, capital accumulation, the urbanization level is in sufficient there and it will definitely grow," the president noted.