NEW DELHI: Russian President Vladimir Putin Sunday proposed a new insurance mechanism and a collaborative initiative for the grain market among Brics nations and called on the grouping to adopt a comprehensive approach to global challenges. He sought to assure members of the grouping that they have it in them to operate independently of the West-dominated trade systems. “We have independent routes for moving capital, labour and technologies. In fact, we can operate regardless of outside pressure. We have some promising initiatives going forward, such as creating an insurance mechanism and a grain market. These are Russian proposals, and we…
News Timeline:
Track the development of this news story across the Internet.