The article is devoted to the problem of building scientific and technological cooperation between the BRICS countries through the development of priority areas in modern conditions. The purpose was to determine the current state of interaction between the BRICS countries in the field of science, technology and innovation. Since the BRICS countries have significant resources, their cooperation in science and technology becomes one of the determining factors in the development of the world. The author examined the main obstacles that prevent BRICS from becoming an international center of scientific and technological development. They are a lack of funding and foreign direct investment, dependence on natural resources and Western sanctions. The recommendations relate to the participation of development banks and institutional investors in stimulating partnerships among BRICS member states and in addressing the goal of de-dollarization of internal BRICS transactions, the creation of a common BRICS currency and bilateral joint investment funds, as well as promoting international unity, the introduction of green technologies, digitalization and the creation of human capital. At the end of the article, there is a conclusion about the high potential of scientific and technological cooperation between the BRICS countries.
Key words: scientific and technological cooperation, BRICS, scientific and technological progress, R&D.