Russia: Common currency issue to be discussed at BRICS

Russian Foreign Minister Sergey Lavrov said that the issue of the common currency will be discussed at the summit of the BRICS countries cluster, which consists of Brazil, Russia, India, China and South Africa, in August.

Lavrov made a statement to the press in Angola, where he is under the African variety.

Pointing out that various demands for a common currency unit at the BRICS are on the agenda, Lavrov said, “There are initiatives within the BRICS, within the framework of Latin American and Caribbean countries, regarding the need to create our own currencies. This issue will definitely be consulted at the BRICS summit to be held in South Africa at the end of August. will be.” said.

While the share of the dollar in the trade between the BRICS countries and Russia and China has decreased in recent years, the creation of a new common currency unit in the middle of Brazil and Argentina is being discussed.