SOLNECHNODOLSK SETTLEMENT /Stavropol Region/, March 5. /TASS/. Russian President Vladimir Putin praised an idea of creating a grain exchange in BRICS at a meeting with the agricultural sector community.

Chairman of the Board of the Union of Grain Exporters Eduard Zernin told about the initiative of creating the grain exchange within the BRICS framework at the meeting with the President.

"Your idea is very good," the President said. Many BRICS member-countries will be interested in the idea of establishing the grain exchange because many of them are grain producers and buyers, Putin noted.