Single BRICS Payment System

Russian Foreign Minister Sergey Lavrov: countries outside BRICS to have access to group’s payment platforms

Non-BRICS member states will be able to get access to alternative payment platforms being developed…

How BRICS Strengthens Regional Digital Trade

The BRICS nations are constructing a fresh model for cross-border e-commerce. Through initiatives like the…

Oleg Preksin, Member Of BRICS Business Council: Creation Of New International Payment System Is Among The Priorities Of Association

Oleg Preksin is Deputy Chairman of the Board of the Russian Financial and Banking Union,…

Investment Opportunities Of The BRICS Countries

The BRICS group was established in 2006 by Brazil, Russia, India, and China, with South…

Creating Single BRICS Payment System On 2024 Summit Agenda, Says Ramaphosa 

South African President Cyril Ramaphosa has said that creating a single payment system using the national currencies of the BRICS countries will be on the agenda of the 2024 summit in Kazan, Russia. The head of state remarked while addressing the National Council of Provinces (upper house of parliament) on October `13.  “The BRICS group intends to further expand the use of member states’ national currencies in international trade. Finance ministers and Central Bank governors are now working on the…

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