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Plan for BRICS exchange for mutual trade to be presented by July 1, 2026

The Russian government has approved the National Competition Development Plan for 2026-2030, aimed at enhancing the country’s economic efficiency

MOSCOW, October 9. /TASS/. The plan to establish a BRICS exchange aimed at developing mutual exchange-based trade is to be submitted to the Russian government by July 1, 2026, according to the National Competition Development Plan for 2026-2030.

"The development and approval of a work plan for the creation of a BRICS exchange to promote mutual exchange trade - report to the Government of the Russian Federation by July 1, 2026," the document said.

The Ministry of Economic Development, the Ministry of Finance, the Ministry of Agriculture, the Federal Antimonopoly Service, and the Ministry of Industry and Trade have been designated as the responsible executors with the participation of the Bank of Russia and other interested organizations.

The Russian government has approved the National Competition Development Plan for 2026-2030, aimed at enhancing the country’s economic efficiency.

The roadmap includes several sections dedicated to fostering competition both broadly and within specific economic sectors. These include the agro-industrial complex, information technology and telecommunications, financial markets, healthcare, transport, industry, trade, and tourism.

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