BRICS Grain Exchange Idea Moves Forward The proposal for a BRICS grain exchange, championed by Russian President Vladimir Putin, is gaining momentum. This initiative would enable buyers to purchase grain directly from producers within the BRICS countries—Brazil, Russia, India, China, and South Africa—and potentially include other nations like Egypt, Ethiopia, Iran, and the United Arab Emirates. With China and India being the largest wheat producers and Russia the leading wheat exporter, the establishment of such an exchange could significantly impact the global grain market. Eduard Zernin, the head of the Russian Union of Grain Exporters, anticipates that organizational details will be finalized by the upcoming BRICS summit in Kazan, Russia. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Navigating Uncertainty: The Case for Gold and Bitcoin READ MORE VP Harris Pledges No Fracking Ban, Emphasizes Clean Energy Progress READ MORE Bank of Japan Takes Center Stage in Crucial Week for Global Markets READ MORE Jeffrey Christian: No Significant Shift Away from the US Dollar READ MORE Defying Conventional Thinking: Gold Gains Against Rising Rates and a Robust Dollar READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment