Brazilian Finance Minister Fernando Addad announced that his country has offered Argentina to use the Chinese yuan instead of the dollar as a guarantee instrument in bilateral trade. TASS.
“We have already sent a proposal to the Argentine government to externally guarantee Brazilian exports in yuan,” he said.
According to the minister, the problem is that the state bank Banco do Brasil acts as a guarantor for commercial operations.
He also stated that such a plan secures the interests of the national business community and meets the requirements of the regulatory body.
Yesterday, Russian President Vladimir Putin judicial An irreversible de-dollarization process is taking place in the BRICS region (Brazil, Russia, India, China and South Africa).
August 22, Russian Finance Minister Anton Siluanov declarationThe BRICS countries are discussing the possibility of creating a common unit of account. He noted that this unit of account will not be a single currency like the euro, but may be an alternative to the dollar, in which the cost of commodity deliveries can be expressed.
It was previously reported that there could be a unipolar economic system. collapse Because of the actions of BRICS.