https://en.sputniknews.africa/20240903/uae-collaborates-with-brics-to-create-fairer-monetary-system-says-uae-official-1068122840.html
UAE Collaborates with BRICS to Create Fairer Monetary System, Says UAE Official
UAE Collaborates with BRICS to Create Fairer Monetary System, Says UAE Official
Sputnik Africa
BRICS, a cooperation platform for the largest emerging economies, uniting Brazil, Russia, India, China and South Africa, welcomed four new members into its... 03.09.2024, Sputnik Africa
2024-09-03T13:12+0200
2024-09-03T13:12+0200
2024-09-03T16:37+0200
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The UAE, in collaboration with other BRICS countries, is exploring opportunities for cooperation aimed at developing diverse financial instruments and seeking to develop an innovative approach to building a more equitable international monetary system, says Younis Haji Al-Khoori, Undersecretary of the UAE Ministry of Finance.According to him, a more equitable monetary and financial system will help to avoid the economic risks arising from climate change, especially for the most vulnerable countries.
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united arab emirates (uae), brics, finance minister, finance, international, egypt, iran, middle east, brazil, russia
UAE Collaborates with BRICS to Create Fairer Monetary System, Says UAE Official
13:12 03.09.2024 (Updated: 16:37 03.09.2024) Ekaterina Shilova
Writer / Editor
BRICS, a cooperation platform for the largest emerging economies, uniting Brazil, Russia, India, China and South Africa, welcomed four new members into its ranks – Egypt, Ethiopia, Iran and the United Arab Emirates in 2024. Moreover, Saudi Arabia has been taking part in BRICS meetings without formalizing its participation.