BRICS Summit 2026: Russian President Putin proposes new insurance mechanism

Putin asks BRICS to consider SWIFT alternative, a grain exchange, own re-insurance firm

Though India has clarified that there is no proposal to float a common BRICS currency, the members are increasingly moving to set up BRICS Pay as an independent digital payment

Putin proposes BRICS insurance mechanism and grain market initiative

New Delhi, Sept. 13 (SANA) Russian President Vladimir Putin proposed creating a new insurance mechanism and a joint grain market initiative among BRICS countries, as he called for stronger economic cooperation within the grouping. Speaking at the concluding session of the 18th BRICS summit in New Delhi on Sunday, Putin said BRICS countries had developed independent channels for moving capital, labor and technologies and could continue operating …

BRICS Summit 2026: Russian President Putin proposes new insurance mechanism

Russian President Vladimir Putin proposed new initiatives for BRICS economic growth. He called for a holistic approach to address global challenges effectively. Putin highlighted the growing global stature and independent course of the BRICS grouping. The bloc's expansion and partner countries underscore its increasing influence. BRICS represents a significant portion of the world's population and economy.

Putin Proposes New Insurance Mechanism And Grain Market For BRICS Nations And Global South

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. He proposed the new initiatives for economic growth among the BRICS member nations as well as those in the…