Putin supported the initiative to create a grain exchange within the BRICS framework

He made a corresponding statement during a conversation with representatives of the agro-industrial complex.

“As for the stock exchange, of course, you are absolutely right.

All these stock indices are formed either in the States or in Europe, including Paris.

I don’t know, how much grain do the French produce?

I think less than us.

And according to tradition, a stock index is formed there,” RIA Novosti quotes him.

According to him, this state of affairs is not very fair, since it affects pricing.

He noted that BRICS has grain-producing and grain-buying states, so the idea of ​​an exchange may be of interest to the association.

“Moreover, these things are of a speculative nature; they, of course, ultimately affect consumers.

And this is a problem,” he added.

In December, Putin announced that at the end of 2023, the harvest in Russia was again a record one, with more than 150 million tons of grain produced.