Russia: BRICS should create an independent payment system
reported by Mehr Reporter quoted by Tass, Ivan Chebskov, Deputy Minister of Finance of Russia, during a speech to the board members of Development Bank BRICS in South Africa said: This bank, which was created by BRICS with the purpose of creating an independent payment and settlement system It is facing so that it is possible to prevent the influence of third countries on the financial activities of the members.
He said: We talked about the activities of the development bank BRICS during the past years and among the topics discussed in the format He said that Guha has been building infrastructure for BRICS member countries.
Chebskov added: We also talked about the challenges facing us and that these challenges have become more serious than in previous years. We sat down to talk. In the current situation, we are facing geopolitical tensions that did not exist before.
This Russian official continued: In such a situation, we have to create an infrastructure for the BRICS members, which is also related to The actions of third countries should be independent and at the same time benefit us. One of the important issues that the BRICS development bank must solve is to make a fundamental change in the entire international financial and monetary system.
He said: We are facing global challenges, and to solve them, we must adopt a progressive and evolutionary approach. Everyone knows that in the current financial system of the world, our interests are not fully secured and we can say out loud that we have been discriminated against. We have important work to do and we are discussing the creation of an independent payment and settlement structure in the form of BRICS.
