- The global trend of diversifying international trade and systematically reducing dependence on the US financial system, involving the US Dollar, China, and the Global Monetary System.
- BRICS and related blocs are pushing for a gold-backed trade currency and seeking alternatives to the dollar-dominated financial system.
BRICS is actively working towards increasing international trade by promoting the use of local currencies among its members.
1 report, 1 independent
Updated Sep 17
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What happened
BRICS is actively working towards increasing international trade by promoting the use of local currencies among its members.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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BRICS
association of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates