Friday, December 13, 2024

Tag: BRICS developing platform for transactions in national currencies – Lavrov

BRICS developing platform for transactions in national currencies – Lavrov

from RT:

Member states are seeking to improve the international monetary and financial system, the Russian foreign minister says

BRICS is prioritizing the creation of a platform that will enable member states to conduct transactions in national currencies, Russian Foreign Minister Sergey Lavrov has said.

Speaking at a meeting of the economic bloc’s foreign ministers in Nizhny Novgorod, Russia, Lavrov said BRICS was “actively working to implement the decisions of the Johannesburg summit last year, particularly when it comes to improving the international monetary and financial system, developing a platform for settlements in national currencies in mutual trade.”