“BRICS under Russia’s 2024 directorship has advanced steps to introduce its currency and a financial settlement and payment system platforms primarily targeting de-dollarization process. Coordinated by the BRICS New Development Bank (NDB) which was established in 2015, these existing measures would, most probably, lead to drastic reduction in the use and over-dependence of the dollar as world-wide currency.”
“Azarbaijan and Belarus becoming BRICS members will fortify the Shanghai Cooperative Organization’s operations in the region… Azerbaijan is also an oil producer in the region, and it could also serve as a smooth conduit for Russia to access global markets.”
Read in Global Research
