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BRICS Summit Begins with Goal of Ditching U.S. Dollar

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The foreign ministers of BRICS member nations – and another 13 countries interested in collaborating with the anti-Western bloc – convened in Russia on Monday for a meeting outside of the confines of the BRICS annual summit to discuss, among other issues, ways to expand trade without the use of the U.S. dollar.

“The proactive work is underway on fulfillment of decisions of the Johannesburg summit of the last year, specifically as regards improvement of the international monetary system and development of a platform for payment in national currencies in mutual trade,” Russian Foreign Minister Sergey Lavrov said on Monday.

BRICS held its last annual summit in August in Johannesburg, South Africa, as that nation held the presidency of the organization in 2023. Russian strongman Vladimir Putin chosenot to attend on that occasion, as South Africa is a party to the International Criminal Court (ICC), which has an outstanding warrant out for Putin on charges of war crimes in Ukraine. Russia holds this year’s presidency and will host the official summit in the city of Kazan in October.

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Source: https://www.breitbart.com/economy/2024/06/10/brics-summit-begins-goal-ditching-u-s-dollar/


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