Russia calls on BRICS to ditch dollar

[A.G.Uddin]

The bloc’s member states should further strengthen economic ties, according to FM

The sustainable development of financial relations and settlements within the BRICS organization is very important for all member states, Russian Finance Minister Anton Siluanov has said.

The statement was made at the Russia-China Financial Dialogue forum in Beijing on Monday, where Siluanov met with his Chinese counterpart, Lan Foan.

The BRICS group of emerging economies – which currently incorporates Brazil, Russia, India, China, and South Africa – has been discussing ways to facilitate payments in local currencies between member countries. The bloc aims to reduce their reliance on the US dollar and the euro for accelerated growth.

“We need to further develop financial cooperation within the BRICS countries. Here we see opportunities ... to develop a payments system that would be independent of the infrastructure, which does not always fully fulfill the goals of individual countries,” Siluanov stated.

“Therefore, the sustainable development of financial relations and settlements on the BRICS platform is important for us, and we believe that it is necessary to work out such issues, and today we will consider a number of them,” he added.

Russia and its trade partners among developing nations, including fellow BRICS members, have started to switch to alternative currencies in mutual trade, after sanctions effectively cut Moscow off from the Western financial system. A growing number of nations are turning to national currency settlements in trade.

https://www.rt.com/business/589252-brics-russia-cooperation-dollar/



More on it as below



https://twitter.com/x/status/1737301795603407141

https://twitter.com/x/status/1737294272381268298

https://twitter.com/x/status/1737116321165549825

https://twitter.com/x/status/1737115257729118661

 

[patwari_sab]

kala general amrika di toiii saf krne par laga hai.. yahi is ki duty hai

 

[A.G.Uddin]

kala general amrika di toiii saf krne par laga hai.. yahi is ki duty hai

Bhaee jo dollar ke bhooke hain, jab dollar ki value he girjayegi tau khayeinge kya bechare? Jald he Hafiz Whiskey aur Dirty Harry ko dalne keliye haddi bhi nahi milegi Pentagon / White House ko

 

[patwari_sab]

Bhaee jo dollar ke bhooke hain, jab dollar ki value he girjayegi tau khayeinge kya bechare? Jald he Hafiz Whiskey aur Dirty Harry ko dalne keliye haddi bhi nahi milegi Pentagon / White House ko

Bajwa ne amrikio se kaha ta ke hamari shaklein chinese se nhi milti.. hamari shaklein european, amrikio se milti hai.. bajwa ne amrikio ke agey minat tarlay kiye ke hamein apne se dor na kro

 

[A.G.Uddin]

Bajwa ne amrikio se kaha ta ke hamari shaklein chinese se nhi milti.. hamari shaklein european, amrikio se milti hai.. bajwa ne amrikio ke agey minat tarlay kiye ke hamein apne se dor na kro

Matlab kuch aisa scene hogaya?

 

[Dr Adam]

The bloc’s member states should further strengthen economic ties, according to FM

The sustainable development of financial relations and settlements within the BRICS organization is very important for all member states, Russian Finance Minister Anton Siluanov has said.

The statement was made at the Russia-China Financial Dialogue forum in Beijing on Monday, where Siluanov met with his Chinese counterpart, Lan Foan.

The BRICS group of emerging economies – which currently incorporates Brazil, Russia, India, China, and South Africa – has been discussing ways to facilitate payments in local currencies between member countries. The bloc aims to reduce their reliance on the US dollar and the euro for accelerated growth.

“We need to further develop financial cooperation within the BRICS countries. Here we see opportunities ... to develop a payments system that would be independent of the infrastructure, which does not always fully fulfill the goals of individual countries,” Siluanov stated.

“Therefore, the sustainable development of financial relations and settlements on the BRICS platform is important for us, and we believe that it is necessary to work out such issues, and today we will consider a number of them,” he added.

Russia and its trade partners among developing nations, including fellow BRICS members, have started to switch to alternative currencies in mutual trade, after sanctions effectively cut Moscow off from the Western financial system. A growing number of nations are turning to national currency settlements in trade.

https://www.rt.com/business/589252-brics-russia-cooperation-dollar/



More on it as below



https://twitter.com/x/status/1737301795603407141

https://twitter.com/x/status/1737294272381268298

https://twitter.com/x/status/1737116321165549825

https://twitter.com/x/status/1737115257729118661

AU: The history of Pakistan for the past 75 years is a testimony to the fact that Pakistani decision makers aka power hungry, brain dead generals has had always stood against the time & tide. They consider themselves as Aqal e Kuul. In the process the alms this country has received thus far, in connivance with the thug politicians & corrupt bureaucrats they have conveniently siphoned it off to their offshore accounts.
Despite the fact that all the smaller & bigger States are aligning themselves with China & Russia to protect their interests and reap extraordinary rewards from this dawning new reality, our minions have again decided to go against the tide.

Lanat hai in-per.

 

[AbbuJee]

اب کمپنی کو ڈالر کے ساتھ دوسری کرنسیوں کا بھی کاسا لے کر پھرنا پڑے گا؟

​

 

[A.G.Uddin]

AU: The history of Pakistan for the past 75 years is a testimony to the fact that Pakistani decision makers aka power hungry, brain dead generals has had always stood against the time & tide. They consider themselves as Aqal e Kuul. In the process the alms this country has received thus far, in connivance with the thug politicians & corrupt bureaucrats they have conveniently siphoned it off to their offshore accounts.
Despite the fact that all the smaller & bigger States are aligning themselves with China & Russia to protect their interests and reap extraordinary rewards from this dawning new reality, our minions have again decided to go against the tide.

Lanat hai in-per.

Let them do whatever they feel like. I mean all your immediate neighbours are either aligning with or becoming a part of BRICS. With Pakistan as an odd one with nuclear weapons, they may soon loose their temper and engage in direct confrontation the way it happened with Ukraine.

On top of that public has got severe hatred against East India Company 2.0 so they won't fall for a new ISPR song this time. Maybe (Just maybe) if some military confrontation takes place against India then public will join in given the way BJP/RSS supporters have shown Islamophobia on social media these days, otherwise they (EIC 2.0) are in a dire dilemma now.

 

[Dr Adam]

Let them do whatever they feel like. I mean all your immediate neighbours are either aligning with or becoming a part of BRICS. With Pakistan as an odd one with nuclear weapons, they may soon loose their temper and engage in direct confrontation the way it happened with Ukraine.

On top of that public has got severe hatred against East India Company 2.0 so they won't fall for a new ISPR song this time. Maybe (Just maybe) if some military confrontation takes place against India then public will join in given the way BJP/RSS supporters have shown Islamophobia on social media these days, otherwise they (EIC 2.0) are in a dire dilemma now.

If things go that far then who will be the loser???
Pakistan and
People of Pakistan.
Yeh saray jernail, thug siasatdan aur corrupt afsar-shahi toh apni patloonain chore ker iss sur-zameen se bahgnay main eik minute nahi lagaien gay. Maraa toh ghareeb Pakistani he jaaye gaa!!

 

[KhanWarrior]

Company and it's traitor generals are a US lapdog and will be drowned along with US economy......