Liu Shaobing, China’s Ambassador to Turkey, said that the tendency to abandon the use of the US dollar has increased in the world. This was reported in the material of the Turkish magazine. Bright.
The diplomat noted that BRICS countries tend to trade in their national currencies. In response, he stressed that Washington has taken unilateral measures to maintain its leadership on the global stage.
“The dollar is the instrument of US world domination. Therefore, the tendency to abandon the use of the dollar is increasing,” said Liu Shaobing.
The head of the diplomatic mission added that China ranks second in the ranking of the world’s largest economies. According to the ambassador, the country is currently witnessing a transition to yuan-denominated settlements.
In this context, he drew attention to the great importance of using national currencies in cooperation within the BRICS. As the diplomat pointed out, the implementation of such an initiative would significantly improve relations between members of the organization.
On August 23, Russian President Vladimir Putin spoke via video link at the meeting of the leaders of the BRICS countries. Head of the Kremlin during the event persistently expansion of foreign partners’ interbank cooperation and payments in local currencies.
Former Congressman Marjorie Taylor Green acceptedStrengthening BRICS may weaken the dollar.