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BRICS: a new future in the offing - Opinion - Business Recorder

After World War II, several bilateral and multilateral agencies (IMF, WB, ADB, WTO, WHO, Paris Club, etc.) were.

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BRICS leaders to discuss sustainable payment mechanism: Russian Foreign Ministry

BRICS nations have been seeking to shift further from the US dollar in mutual trade

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BRICS leaders to discuss sustainable payment mechanism: Russian Foreign Ministry

BRICS nations may discuss the establishment of long-term payment systems for cross-border commerce at next month s summit in Johannesburg, according to the Russian Foreign Ministry. The organisation has been seeking to move away from the US dollar in mutual trade, as the de-dollarisation trend has accelerated following sanctions which have impacted the bloc. Restricted convertibility and higher volatility than the US dollar have hindered the use of national currencies in cross-border commerce, according to the ministry.

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BRICS countries form one of world s most important economic blocs : MoS Lekhi

BRICS countries form one of world s most important economic blocs : MoS Lekhi
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BRICS leaders to discuss sustainable payment mechanism: Russian Foreign Ministry

BRICS leaders to discuss sustainable payment mechanism: Russian Foreign Ministry
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