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The Economic Times
The Economic Times
National

President Putin proposes BRICS grain market, insurance framework to counter global pressures

BRICS Vladimir Putin Russia Insurance Economic Growth NDB

New Delhi: Russian President Vladimir Putin on Sunday proposed a new insurance mechanism and a collaborative initiative for the grain market among the BRICS nations as he called upon the grouping to adopt a holistic approach in combating pressing global challenges.

Putin proposed the new initiatives for economic growth among the BRICS member nations as well as the Global South nations amid crippling sanctions imposed by the Western powers on Moscow for its war on Ukraine.

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