The Russian Foreign Ministry stated that increasing payments in national currencies will be a priority of Russia’s BRICS (Brazil, Russia, India, China, South Africa) presidency. This is stated in a relevant statement. Web site Russian foreign diplomatic agency.
It was noted that an important area of work of the Russian presidency will be the implementation of the BRICS economic partnership strategy until 2025, as well as the action plan for innovative cooperation for 2021-2024.
“It is also planned to complete the methods for the new category of states that are partners of the association,” the ministry said.
Before that Bloomberg reportedHe said that the share of BRICS countries in world GDP will increase from the current 36 percent to 45 percent, while the share of G7 will decrease from 30 percent to 21 percent. The agency noted that creating an alternative to the IMF and the World Bank remained only in the plans. However, the strengthening of BRICS will in any case lead to a shift of economic and political weight to the East and South.
Previously Argentina denied From BRICS via social networks.