BRICS

2026-07-07 08:30:30

BRICS Signals New Payment System May Open to Non-Member Countries

Russian Foreign Minister Sergey Lavrov said Brazil has proposed a new BRICS payment system that could eventually allow non-member countries to settle trade without relying on the US dollar or SWIFT. More details may emerge at the July 2025 BRICS summit in Rio de Janeiro.

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BRICS Signals New Payment System May Open to Non-Member Countries