BRICS Summit to See Alliance Take Major Step to End US Dollar
With the landmark event just days away, the BRICS 2024 Summit is set to see the economic bloc take a major step toward ending US dollar dominance. Indeed, the collective will gather in Kazan, Russia for the event that could be one of its most important. Chief among the matters to be discussed by the bloc is its ongoing de-dollarization efforts. At the recent Business Forum that took place in Moscow, the bloc officially debuted the long-awaited BRICS Pay system. The alliance debuted a demo card for participants to utilize throughout the weekend. Those efforts will likely continue at the summit, with the bloc poised to make monumental announcements. Source: thediplomat.com Also Read: BRICS Pay: Alliance Officially Unveils New Payment System BRICS to Take Major De-Dollarization Step at 2024 Summit The BRICS Summit has become one of the most important days for the alliance. In 2023, it saw the bloc welcome its first expansion effort since 2023. Specifically, the United Arab Emirates (UAE),...