Ambassador of the Russian Federation to the USA Anatoly Antonov said that BRICS countries will be able to overcome difficulties associated with payments in national currencies. This was reported by news week.
He emphasized that the more often yuan, ruble, rupee, dirham or other national currencies are used in trade, the faster the necessary independent settlement infrastructure will develop.
Antonov added that the situation where some states threaten others with breaking away from global processes and seizing assets does not coincide with the current situation.
Before that, Bank of Russia Governor Elvira Nabiullina statedRussia’s agreements with BRICS in national currencies more than tripled to 85%.
Nabiullina explained that the main currency in settlements between the Russian Federation and the union countries is national currencies, including the ruble.
In addition, Nabiullina emphasized that the Russian side is discussing with other BRICS countries the interaction of national financial message transmission systems. 159 foreign participants from 20 countries have already connected to the Russian platform.
Previously BRICS extended Up to 11 countries.