BRICS Announces Landmark De-Dollarization Trade Agreement
The BRICS economic alliance has unveiled an extensive trade agreement to bypass the US dollar, opting instead for national currencies in trade dealings. This move, involving Thailand, Laos, Sri Lanka, Kazakhstan, Venezuela, and Bolivia, marks one of the bloc's most significant de-dollarization efforts to date. The initiative is further bolstered by the upcoming launch of the bloc's independent payment system.
In the past two years, BRICS has significantly expanded its influence, driving toward a multipolar world through strategic economic policies. This agreement underscores their commitment to reshaping global economic dynamics.
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Source:
Watcherguru