Verhandlungen Fortschritte auf dem eigenen Zahlungssystem von BRICS

tldr; Negotiations among BRICS countries for a payment system that bypasses dollar conversion have progressed, focusing on enhancing interoperability and boosting transactions in local currencies. The BRICS Payments Task Force is exploring ways to enable fast, low-cost, and secure cross-border payments. Additionally, the Contingent Reserve Arrangement (CRA) will be revised to include new currencies, and discussions on new member accession to the CRA are planned. Climate financing and private sector involvement were also emphasized in the communiqué.

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