Cooperation Within BRICS Not Directed Against Dollar, Kremlin Says
10:29 22.10.2024 (Updated: 12:29 22.10.2024)
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MOSCOW (Sputnik) - BRICS, a group formed in 2006, now includes Egypt, Ethiopia, Iran, and the UAE, expanding from its original members: Russia, Brazil, India, China, and South Africa. While Saudi Arabia has not finalized its joining process, it has been participating in meetings. Russia currently holds the rotating presidency for 2024.
Cooperation within the BRICS framework is not directed against the dollar and other currencies; it pursues the main goal of ensuring the interests of the countries that participate in this format, Kremlin spokesman Dmitry Peskov told Sputnik on Tuesday.
"Cooperation within the BRICS framework is not directed against anyone or anything — neither against the dollar nor against other currencies. It pursues the main goal of ensuring the interests of those countries that participate in this format," Peskov said, commenting on the recent reports by The Economist about the discussion of an alleged "plan to defeat the dollar" at the BRICS summit.
21 October 2024, 14:16
The 16th BRICS Summit takes place in Kazan, Russia, on October 22-24. The event is the first high-level meeting of the bloc since its latest expansion, showcasing the group's growing influence on the world stage.
