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Ryabkov: BRICS will launch a special financial platform

Deputy Foreign Minister of Russia announced that the BRICS group will create a special platform for the exchange of interbank information.

report Mehr News Agency, citing Sputnik, the Deputy Foreign Minister of Russia announced the launch of a special financial platform for BRICS member countries.

“Sergei Ryabkov”, Deputy Minister of Foreign Affairs of Russia, announced that the “BRICS” group intends to establish a platform consisting of The financial system of the member countries should be set up.

Deputy Minister of Foreign Affairs of Russia said: BRICS has already established a chain of information exchange between its central banks. has done.

Ryabkov emphasized: due to the digitization of many banking processes, the issue of data transfer and storage security is of great importance.

The Minister of Finance of Russia had said before: The creation of BRICS digital payment platform will soon be in this group of cases. will be discussed. In addition, BRICS partners will prepare initiatives to improve the international monetary system.

Russia founded the BRICS group in 2009 and currently 42% of the world’s population, 30% of world geography and constitutes 24% of global economic production.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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