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Putin, Pezeshkian Criticize US Dollar Dominance Ahead of BRICS Summit

Russian and Iranian presidents voiced objections to US currency dominance in the run-up to the BRICS summit in India, according to Al Jazeera.

· 1 min read · language: en
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Al Jazeera — All

The presidents of Russia and Iran have criticized the dominance of the US dollar in global finance ahead of the upcoming BRICS summit in India, according to a report by Al Jazeera.

Russian President Vladimir Putin and Iranian President Masoud Pezeshkian made the remarks in the period leading up to the summit, which brings together leaders of the BRICS bloc of emerging economies, Al Jazeera reported.

The report did not provide further details on the specific context or venue of the leaders' remarks, nor did it specify additional comments made by either leader.

The BRICS grouping, which includes Brazil, Russia, India, China and South Africa along with newer members, has in recent years discussed reducing reliance on the US dollar in international trade and finance, though the report did not elaborate on any new proposals expected at the India summit.

Al Jazeera's report was based on video newsfeed coverage and did not include additional statements from US officials or other parties in response to the comments.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

Also available in: ARFR

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