Kremlin Says Russia's Proposed Payment Provisions Included in BRICS Declaration
Kremlin spokesman Dmitry Peskov said measures on joint settlement centers, an investment platform and national currency settlements sought by Russia were reflected in the bloc's declaration, according to TASS.
Kremlin spokesman Dmitry Peskov said key payment-related provisions that Russia had sought were included in a recent BRICS declaration, Russian state news agency TASS reported.
According to Peskov, the provisions concern the creation of joint settlement centers, a joint investment platform, and a common platform for settlements in national currencies among BRICS member states.
TASS did not provide further details in the excerpt regarding the specific text of the declaration or the timeline for implementing these financial mechanisms.
Russia has previously advocated for reducing reliance on the U.S. dollar in trade among BRICS nations, promoting alternative payment systems and currency arrangements as part of broader efforts to strengthen economic cooperation within the bloc.
The statement from Peskov reflects the Kremlin's characterization of the outcome, as reported by TASS. Independent confirmation of the declaration's full contents was not immediately available.
Sources
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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