Category: and South Africa

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Next Year’s BRICS Summit to Gather More Than 5 Leaders, Russian Diplomat Predicts

July 24, 2023

Moscow expects the number of leaders participating in the 2024 BRICS summit to be greater than five, according to a high-ranking Russian diplomat. The statement comes as the five-member organization prepares to discuss its enlargement at its meeting at the top this year, with dozens of nations showing interest or formally applying to join it.…
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India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar

April 3, 2023

The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this measure to facilitate payments for countries experiencing a U.S. dollar crush. India to Offer Rupee-Based Settlement Options for…
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