Russia’s agriculture minister says that BRICS countries are backing Russia’s initiative to create grain exchange. BRICS countries produce:
- 40% of grain crops worldwide
- 50% of fish worldwide
- 50% of dairy products worldwide
Plus the oil.
The natural resources.
The precious metals.
BRICS countries' GDP taken together is more than the GDP of the G7 countries and these are the trends that not only continue, but we see them ramping up. More and more countries are joining.
The center of gravitas has shifted.
Do you understand the impact?
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