Russia to proceed with BRICS payment system despite Trump's threats

brecorder.com

Russia plans to continue developing the BRICS payment system despite threats from U.S. President-elect Donald Trump. Trump warned that countries undermining the dollar could face 100% import duties. Russian Deputy Foreign Minister Alexander Pankin stated that BRICS is focused on a settlement system, not a new currency. He confirmed that work on the system will proceed as planned.


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