Russia's proposal for a new international grain exchange could take years to get off the ground even though the plan was welcomed by members of the BRICS group of countries at a summit this week in Kazan in Russia.
Russia’s proposed grain exchange for BRICS countries may take years to launch
BRICS leaders tout grain exchange, joint finance at Russian summit
Leaders of the nations in the BRICS grouping, which accounts for 37 per cent of global economic output, predicted its influence would grow as they met in Russia on Tuesday, outlining common projects ranging from a grain exchange to a cross-border payments system.
Russia seeks more control over global food prices with BRICS grain exchange
Russia is proposing BRICS countries set up a grain exchange that would give Moscow greater control over international prices for its agricultural exports, ahead of a group summit that will be attended by leaders of top global grain producers and buyers.
Russia says grain harvest hit by Ukraine war, bad weather
Russia's grain harvest will be hit by the impact of Ukraine's attacks on grain-producing regions close to the border and by bad weather in many other regions.
Russia to determine grain export cap Thursday
Russia’s government will determine on Thursday how much grain can be exported during this crop year before it considers imposing a protective duty to keep grain in the country, Deputy Prime Minister Viktor Zubkov told Reuters. "The day after tomorrow I will hold a meeting. We will decide and I will give some signals," Zubkov […] Read more
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