Russia Proposes Innovative Precious Metals Platform to Enhance BRICS Trade Dynamics
At the BRICS Summit on October 23 in Kazan, Russia proposed the creation of a platform for trading precious metals and diamonds to combat excessive global trade regulations.
President Vladimir Putin emphasized the need to eliminate barriers that hinder market growth, advocating for unified standards among BRICS nations. The summit also supported the establishment of a BRICS Grain Exchange to facilitate stable agricultural trade and reduce reliance on external systems.
The Kazan Declaration reaffirmed the commitment to enhance trade cooperation, promoting free trade and sustainable practices in the diamond industry and agricultural sector while continuing support for the Kimberley Process.
Clever Robot News Desk 25th October 2024
