Russia plans to create a common grain exchange within the framework of the BRICS union (Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, UAE). writes about this RIA News.
According to Russian exporters, the BRICS grain exchange will bring together leading buyers and suppliers. It was noted that the creation of this instrument will increase the food security of the association’s participants.
“The BRICS Grain Exchange will strengthen Moscow’s geo-economic influence and strengthen its status as one of the most important suppliers of grain and fertilizer,” the document says.
Russian President Vladimir Putin in March supported An attempt to create a grain exchange within the framework of BRICS. The head of state made a relevant statement at a meeting with representatives of the agro-industrial complex (AIC). According to him, there are simultaneously suppliers and buyers of grain among the BRICS member countries. In this context, the head of state did not rule out that the idea of ​​​​creating a separate stock exchange might interest them.
Previously, Russia sharply augmented removal of oats.
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Source: Gazeta
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