Settlement in national currencies on BRICS agenda ...Middle East

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Settlement in national currencies on BRICS agenda
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As anticipation builds for the upcoming BRICS Summit scheduled for 6-7 July, Brazilian academic Lier Pires Ferreira has outlined the forum's key focus areas. Speaking to Toda Palavra, a media partner of TV BRICS, the professor from the BRICS Research Centre at the Federal University of Fluminense described the outlook as "favourable," highlighting that the meeting will address major political, economic, and social priorities shared by member states. From a political perspective, Ferreira said the summit will underline the importance of safeguarding multilateralism and reforming global governance. He noted that the BRICS bloc is expected to push for broader participation from countries in the Global South in international decision-making forums, an effort aimed at creating a more balanced world order.

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