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Ilovemydaughterinlaw💕
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Tuesday 20 September 2022 18:51:14 GMT
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At the 16th annual BRICS Summit in Kazan, Russian President Vladimir Putin introduced a series of ambitious initiatives aimed at boosting the economic growth of BRICS member states and the Global South. One of the key proposals is the creation of a BRICS investment platform, which would support national economies, enhance financial resources, and stimulate development in countries across the Global South and East. According to Putin, this platform would focus on sectors such as technology, education, trade, and logistics, allowing these nations to fully realize their growth potential. The Global South refers to countries primarily in the Southern Hemisphere, such as those in Africa, Asia, and Latin America, which often face challenges related to lower economic and industrial development. Putin emphasized that this BRICS platform could play a significant role in transforming the economic landscape of these regions, fostering cooperation and long-term growth. In a separate proposal, Putin suggested the creation of a BRICS grain exchange to help member states stabilize food prices and protect against market volatility. Many BRICS countries are among the world’s leading producers of grains, vegetables, and oilseeds. By establishing a BRICS grain exchange, the group could create fair and predictable price indicators, safeguarding food security and protecting national markets from external interference and speculation. Putin highlighted that this initiative would address the challenges of price manipulation and artificial deficits in the food supply. Chinese President Xi Jinping supported Putin’s vision and reaffirmed the deepening ties between China and Russia. During the summit, Xi highlighted that despite global instability, the Sino-Russian relationship has grown stronger, evidenced by joint projects and increased trade under initiatives such as China’s Belt and Road and the Eurasian Economic Union. Xi emphasized that their bilateral cooperation has reached unprecedented levels, largely due to their shared commitment to non-confrontational principles and mutual economic development. The BRICS Summit in Kazan has brought together leaders from across the world, including those from aspiring member states, to discuss the future of global cooperation and development. With proposals like the BRICS investment platform and grain exchange, Putin aims to bolster the role of BRICS as a global economic powerhouse and provide solutions to the challenges faced by developing nations. These initiatives underscore the group's commitment to fostering economic stability and promoting a multipolar world order that benefits all regions.
At the 16th annual BRICS Summit in Kazan, Russian President Vladimir Putin introduced a series of ambitious initiatives aimed at boosting the economic growth of BRICS member states and the Global South. One of the key proposals is the creation of a BRICS investment platform, which would support national economies, enhance financial resources, and stimulate development in countries across the Global South and East. According to Putin, this platform would focus on sectors such as technology, education, trade, and logistics, allowing these nations to fully realize their growth potential. The Global South refers to countries primarily in the Southern Hemisphere, such as those in Africa, Asia, and Latin America, which often face challenges related to lower economic and industrial development. Putin emphasized that this BRICS platform could play a significant role in transforming the economic landscape of these regions, fostering cooperation and long-term growth. In a separate proposal, Putin suggested the creation of a BRICS grain exchange to help member states stabilize food prices and protect against market volatility. Many BRICS countries are among the world’s leading producers of grains, vegetables, and oilseeds. By establishing a BRICS grain exchange, the group could create fair and predictable price indicators, safeguarding food security and protecting national markets from external interference and speculation. Putin highlighted that this initiative would address the challenges of price manipulation and artificial deficits in the food supply. Chinese President Xi Jinping supported Putin’s vision and reaffirmed the deepening ties between China and Russia. During the summit, Xi highlighted that despite global instability, the Sino-Russian relationship has grown stronger, evidenced by joint projects and increased trade under initiatives such as China’s Belt and Road and the Eurasian Economic Union. Xi emphasized that their bilateral cooperation has reached unprecedented levels, largely due to their shared commitment to non-confrontational principles and mutual economic development. The BRICS Summit in Kazan has brought together leaders from across the world, including those from aspiring member states, to discuss the future of global cooperation and development. With proposals like the BRICS investment platform and grain exchange, Putin aims to bolster the role of BRICS as a global economic powerhouse and provide solutions to the challenges faced by developing nations. These initiatives underscore the group's commitment to fostering economic stability and promoting a multipolar world order that benefits all regions.

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