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BRICS builds an alternative path for global payments

World 1 source 1 country 🔦 Under-reported 39m ago

The 18th BRICS Summit concluded in New Delhi on September 13, following two days of discussions centered on the theme 'Building for Resilience, Innovation, Cooperation and Sustainability.' The event served as a platform for member nations to address the future of international financial systems, specifically focusing on the development of an alternative path for global payments.

This initiative reflects a broader, intensifying debate among BRICS nations regarding the current structure of global finance. By prioritizing resilience and innovation, the summit highlighted the bloc's collective effort to establish new mechanisms for international transactions, signaling a shift in how these economies intend to engage with the global financial landscape.

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Read the full story at the source Daily News Tanzania (Dar es Salaam, Tanzania) · TZ
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