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BRICS Considers Iran’s Proposal to Link Payment Systems of All Member Countries, Says Russian Official

July 27, 2024
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BRICS Considers Iran’s Proposal to Link Payment Systems of All Member Countries, Says Russian Official
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The BRICS economic bloc is considering Iran’s proposal to link all member nations’ payment systems, according to Russian Deputy Foreign Minister Andrey Rudenko. The proposal aims to enhance BRICS countries’ financial sovereignty by establishing a resilient and sanctions-resistant payment infrastructure. Discussions include integrating financial markets, payments in national currencies, and new mechanisms for mutual financial […]
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