https://sputniknews.in/20260623/brics-should-create-joint-resource-reserve-funds-russian-security-council-secretary-11371881.html
BRICS Should Create Joint Resource Reserve Funds: Russian Security Council Secretary
BRICS Should Create Joint Resource Reserve Funds: Russian Security Council Secretary
Sputnik India
Russia suggests that BRICS member states use the grouping's joint resource reserve funds for mutual assistance, Russian Security Council Secretary Sergei... 23.06.2026, Sputnik India
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Earlier in the day, Shoigu participated in a meeting of BRICS high-ranking security officials in India.He added that the media often report that some country has tapped its strategic oil or LNG reserves, saying that this happens when some country use reserves to regulate prices on the domestic market, to help neighbors, or to "make money at the right place when prices are at their peak."
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🚨🇷🇺 रूस ने BRICS सहयोग के दो तंत्र पेश किए हैं: सर्गेई शोइगु 🔸 विभिन्न प्रकार के संकटों से निपटने के लिए एक आपातकालीन परामर्श तंत्र 🔸 आपसी सहायता के लिए BRICS का संयुक्त संसाधन भंडार, जिसमें उर्वरक, एलएनजी, तेल और दवाएं शामिल हैं
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🚨🇷🇺 रूस ने BRICS सहयोग के दो तंत्र पेश किए हैं: सर्गेई शोइगु 🔸 विभिन्न प्रकार के संकटों से निपटने के लिए एक आपातकालीन परामर्श तंत्र 🔸 आपसी सहायता के लिए BRICS का संयुक्त संसाधन भंडार, जिसमें उर्वरक, एलएनजी, तेल और दवाएं शामिल हैं
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BRICS Should Create Joint Resource Reserve Funds: Russian Security Council Secretary
22:01 23.06.2026 (Updated: 00:12 24.06.2026) Russia suggests that BRICS member states use the grouping's joint resource reserve funds for mutual assistance, Russian Security Council Secretary Sergei Shoigu said on Tuesday.
Earlier in the day, Shoigu participated in a meeting of BRICS high-ranking security officials in India.
"The second Russian proposal is to establish reserves of various resources. This undoubtedly includes hydrocarbons, and of course everything that is of scarce that we faced during the crisis in the Persian Gulf. This envisages of course fertilizers, liquefied natural gas, oil, on top of that medicines, various other things, so that this would be a kind of binding framework so that each BRICS country could count precisely on these reserves. And if it has a situation of this kind, then the BRICS countries will use their reserves," Shoigu told journalists following his visit to India.
He added that the media often report that some country has tapped its strategic oil or LNG reserves, saying that this happens when some country use reserves to regulate prices on the domestic market, to help neighbors, or to "make money at the right place when prices are at their peak."
