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Brazil is leading efforts to use blockchain technology to enhance cross-border trade among BRICS nations. Under its presidency, the country is prioritizing faster and more transparent transactions over creating a unified currency.
The Brazilian Central Bank is piloting **drex**, a digital infrastructure project aimed at enabling tokenized cross-border payments, aligning with its broader push to integrate blockchain into financial systems.
#BRICS $XRP
The Brazilian Central Bank is piloting **drex**, a digital infrastructure project aimed at enabling tokenized cross-border payments, aligning with its broader push to integrate blockchain into financial systems.
#BRICS $XRP
BRICS Makes Major Announcement on De-Dollarization
Amid the alliance’s efforts to move away from the US dollar-dominated financial system, the #BRICS bloc is reportedly eyeing blockchain as the basis for its developing payment system. Indeed, the collective is introducing a new proposal to push its efforts for economic autonomy forward
The BRICS bloc has been engaged in a faceoff with the US since the return of President Donald Trump to the White House. Specifically, he has threatened 150% tariffs on the alliance amid its de-dollarization efforts. In response, the bloc has fractured, with some continuing to pursue movement away from the greenback.
According to a new report, BRICS 2025 chairmanship holder, Brazil, has introduced the new initiative. It would seek to streamline cross-border transactions and lower costs to increase efficiency for local currency settlement. Although the bloc has assured it will not challenge the US dollar’s dominance, it would encourage and promote local currencies.
Amid the alliance’s efforts to move away from the US dollar-dominated financial system, the #BRICS bloc is reportedly eyeing blockchain as the basis for its developing payment system. Indeed, the collective is introducing a new proposal to push its efforts for economic autonomy forward
The BRICS bloc has been engaged in a faceoff with the US since the return of President Donald Trump to the White House. Specifically, he has threatened 150% tariffs on the alliance amid its de-dollarization efforts. In response, the bloc has fractured, with some continuing to pursue movement away from the greenback.
According to a new report, BRICS 2025 chairmanship holder, Brazil, has introduced the new initiative. It would seek to streamline cross-border transactions and lower costs to increase efficiency for local currency settlement. Although the bloc has assured it will not challenge the US dollar’s dominance, it would encourage and promote local currencies.
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Yes buy using the US made XRP
#BRICSCurrency 💫🪙💫BRICS: The US Dollar Has Become a Problematic Currency💫🪙💫
🌿🌹🌿🌹🌿🌹🌿🌹🌿🌹🌿🌹🌿🌹
On the heels of the 16th BRICS summit in October 2024, Russian Foreign Ministry spokesperson Maria Zakharova called the US dollar a “problematic currency.” She said that the de-dollarization agenda is not a goal for some nations, but a reality. While the initiative took wings last year, it is now an ash-covered cinder that has taken a temporary refuge.
The temporary refuge to pause de-dollarization comes after US President Donald Trump threatened 100% tariffs on goods from BRICS countries. This led to many countries, especially India and Brazil dropping the de-dollarization ideals and embracing the US dollar. The backtracking comes from threats and not out of their own will.
The main issue with developing countries was that the US was weaponizing the dollar for their benefit. Even former US Treasury Secretary Janet Yellen admitted that sanctions have led to de-dollarization. From pressing sanctions to ruining economies, the White House was always looked at with disdain. This led to the rise of de-dollarization and BRICS crafted an agenda to topple the US dollar from its dominant status.
BRICS vs the US Dollar
If angering them through sanctions was not enough, now enters tariffs. The current situation is nothing but a ticking time bomb that could explode if the US continues using this method. The anger against the US and the dollar will only increase leading to developing countries finding newer alternatives to end reliance on the greenback.
#BRICS #Tariffs #USDOLLAR
$USDC
🌿🌹🌿🌹🌿🌹🌿🌹🌿🌹🌿🌹🌿🌹
On the heels of the 16th BRICS summit in October 2024, Russian Foreign Ministry spokesperson Maria Zakharova called the US dollar a “problematic currency.” She said that the de-dollarization agenda is not a goal for some nations, but a reality. While the initiative took wings last year, it is now an ash-covered cinder that has taken a temporary refuge.
The temporary refuge to pause de-dollarization comes after US President Donald Trump threatened 100% tariffs on goods from BRICS countries. This led to many countries, especially India and Brazil dropping the de-dollarization ideals and embracing the US dollar. The backtracking comes from threats and not out of their own will.
The main issue with developing countries was that the US was weaponizing the dollar for their benefit. Even former US Treasury Secretary Janet Yellen admitted that sanctions have led to de-dollarization. From pressing sanctions to ruining economies, the White House was always looked at with disdain. This led to the rise of de-dollarization and BRICS crafted an agenda to topple the US dollar from its dominant status.
BRICS vs the US Dollar
If angering them through sanctions was not enough, now enters tariffs. The current situation is nothing but a ticking time bomb that could explode if the US continues using this method. The anger against the US and the dollar will only increase leading to developing countries finding newer alternatives to end reliance on the greenback.
#BRICS #Tariffs #USDOLLAR
$USDC
El embajador Mauricio Lyrio, representante de Brasil en el foro, aseguró que los #BRICS están discutiendo avanzar en el desarrollo y mejoría de plataformas de pagos basadas en criptomonedas para sus transacciones transnacionales.
Lyrio afirmó que el uso de la tecnología blockchain es una de las vertientes que se está tratando en las discusiones de los BRICS, que tienen como objetivo crear nuevas plataformas para reducir costos en los pagos internacionales.
Lyrio afirmó que el uso de la tecnología blockchain es una de las vertientes que se está tratando en las discusiones de los BRICS, que tienen como objetivo crear nuevas plataformas para reducir costos en los pagos internacionales.
Brazil to Push Cryptocurrency as a Priority for International BRICS Trade🇧🇷
Brazil will push crypto initiatives, including a blockchain payment system, to expedite international trading as part of its presidency at BRICS this year. Local media stated this would be a priority for the South American giant’s plans for the organization.
Brazil to Push Hard for Crypto Implementation in BRICS Trade
The agenda of Brazil as president of the BRICS bloc will feature an unlikely topic: crypto. Brazilian authorities are preparing to introduce proposals for the organization to consider cryptocurrency as a solution for international settlements both inside and outside the bloc.
Local journal “O Globo” noted that this topic would be a priority as Brazil is now the President of BRICS, taking the mantle from Russia. The proposal would support the need to expedite financial transactions among group members, and reduce the dependence on foreign currencies like the U.S. dollar.
While the idea of a BRICS common currency was floated before, with economists like Jim Rickards predicting it would leverage gold to undermine the dollar, this has not been suggested. Instead, BRICS is focusing on designing an efficient payment system to make use of digital national currencies or even stablecoins, which are already being used in international settlements, though informally.
President Donald Trump opposed the BRICS currency idea, proposing a 100% tariff regime if the organization abandoned the U.S. dollar for a new currency, defending the dollar’s role as the world’s trading coin.
Brazil could also present a system like Pix, that uses different networks and systems based on fiat currencies. Nonetheless, this might raise worries about the sovereignty and independence of the system, as fiat currencies might be subject to different regulatory standards.
Russian officials have confirmed that BRICS is indeed taking this as a priority, hosting talks to determine the best course of action in this regard. Last month, Russian Foreign Minister Sergey Lavrov stressed that President Luis Inacio Lula Da Silva had taken the initiative in this field, examining the creation of a so-called transborder payment initiative, the creation of a reinsurance company, and the BRICS Clear settlement and depositary infrastructure.
#Brazil
#BRICS
#Write2Earn
#DonaldTrump
Brazil to Push Hard for Crypto Implementation in BRICS Trade
The agenda of Brazil as president of the BRICS bloc will feature an unlikely topic: crypto. Brazilian authorities are preparing to introduce proposals for the organization to consider cryptocurrency as a solution for international settlements both inside and outside the bloc.
Local journal “O Globo” noted that this topic would be a priority as Brazil is now the President of BRICS, taking the mantle from Russia. The proposal would support the need to expedite financial transactions among group members, and reduce the dependence on foreign currencies like the U.S. dollar.
While the idea of a BRICS common currency was floated before, with economists like Jim Rickards predicting it would leverage gold to undermine the dollar, this has not been suggested. Instead, BRICS is focusing on designing an efficient payment system to make use of digital national currencies or even stablecoins, which are already being used in international settlements, though informally.
President Donald Trump opposed the BRICS currency idea, proposing a 100% tariff regime if the organization abandoned the U.S. dollar for a new currency, defending the dollar’s role as the world’s trading coin.
Brazil could also present a system like Pix, that uses different networks and systems based on fiat currencies. Nonetheless, this might raise worries about the sovereignty and independence of the system, as fiat currencies might be subject to different regulatory standards.
Russian officials have confirmed that BRICS is indeed taking this as a priority, hosting talks to determine the best course of action in this regard. Last month, Russian Foreign Minister Sergey Lavrov stressed that President Luis Inacio Lula Da Silva had taken the initiative in this field, examining the creation of a so-called transborder payment initiative, the creation of a reinsurance company, and the BRICS Clear settlement and depositary infrastructure.
#Brazil
#BRICS
#Write2Earn
#DonaldTrump
⚡️JUST IN: Brazil plans to propose the adoption of cryptocurrencies to facilitate trade among #BRICS nations.
БРИКС рассматривает блокчейн для упрощения международных транзакций! 🌍🔗
Бразилия, председательствующая в БРИКС в 2025 году, предложила изучить использование блокчейн-технологий для ускорения и удешевления международных расчетов между странами блока. В отличие от прошлых идей о создании общей валюты, этот шаг направлен на повышение эффективности транзакций, а не на конкуренцию с долларом.
🚀 Возможные изменения:
✅ Интеграция блокчейна в финансовую систему Бразилии
✅ Использование криптовалют и стейблкоинов в расчетах (пример — российские нефтяные компании уже конвертируют юани и рупии в рубли)
✅ Потенциальный рост влияния цифровых активов в международной торговле
Что думаете? Допустит ли такое Трамп и как на это отреагируют в США ?
#BitcoinBounceBack #BRICS #TRUMP $BTC $ETH $XRP
Бразилия, председательствующая в БРИКС в 2025 году, предложила изучить использование блокчейн-технологий для ускорения и удешевления международных расчетов между странами блока. В отличие от прошлых идей о создании общей валюты, этот шаг направлен на повышение эффективности транзакций, а не на конкуренцию с долларом.
🚀 Возможные изменения:
✅ Интеграция блокчейна в финансовую систему Бразилии
✅ Использование криптовалют и стейблкоинов в расчетах (пример — российские нефтяные компании уже конвертируют юани и рупии в рубли)
✅ Потенциальный рост влияния цифровых активов в международной торговле
Что думаете? Допустит ли такое Трамп и как на это отреагируют в США ?
#BitcoinBounceBack #BRICS #TRUMP $BTC $ETH $XRP
Brazil Eyes Blockchain for BRICS Trade – A New Path Forward?
🔹 Key Insight:
Brazil is exploring the use of blockchain technology to streamline trade within BRICS countries, opting for digital solutions over a common currency to replace the dollar. This bold move could pave the way for faster, more transparent transactions.
🔹 What Does This Mean for Crypto?
The proposal highlights an increasing global interest in blockchain for international trade. While a common currency might have been the initial idea, blockchain technology could provide a decentralized, efficient alternative without ruffling geopolitical feathers.
🔹 Impact on Crypto:
$BTC
: Bitcoin remains a dominant store of value in the evolving crypto landscape.
$XRP : Ripple’s XRP could benefit from enhanced cross-border payment use.
$SOL
: Solana’s scalability may serve as an attractive option for BRICS blockchain solutions.
🔹 Pro Tip for Traders:
Keep an eye on the developments in BRICS. Any move towards blockchain adoption could boost the demand for crypto solutions across borders, especially for projects like $XRP
and Solana. It’s a game-changing trend to watch!
🔹 Relevant Hashtags:
#BRICS #Blockchain #CryptoAdoption #XRP #CryptoForTrade
🔹 Key Insight:
Brazil is exploring the use of blockchain technology to streamline trade within BRICS countries, opting for digital solutions over a common currency to replace the dollar. This bold move could pave the way for faster, more transparent transactions.
🔹 What Does This Mean for Crypto?
The proposal highlights an increasing global interest in blockchain for international trade. While a common currency might have been the initial idea, blockchain technology could provide a decentralized, efficient alternative without ruffling geopolitical feathers.
🔹 Impact on Crypto:
$BTC
: Bitcoin remains a dominant store of value in the evolving crypto landscape.
$XRP : Ripple’s XRP could benefit from enhanced cross-border payment use.
$SOL
: Solana’s scalability may serve as an attractive option for BRICS blockchain solutions.
🔹 Pro Tip for Traders:
Keep an eye on the developments in BRICS. Any move towards blockchain adoption could boost the demand for crypto solutions across borders, especially for projects like $XRP
and Solana. It’s a game-changing trend to watch!
🔹 Relevant Hashtags:
#BRICS #Blockchain #CryptoAdoption #XRP #CryptoForTrade
crypto news
NEW: Brazil plans to propose the adoption of #cryptocurrencies to facilitate trade among #BRICS nations.
#HEI #BNX
#HEI #BNX
Brazil Prioritizes Crypto for #BRICS Cross-Border Trade
BRICS explores blockchain and crypto to reduce reliance on the US dollar in trade.
Brazil leads a blockchain-based payment initiative, while Russia already uses crypto for transactions.
Stablecoins and CBDCs emerge as potential settlement solutions within the BRICS bloc.
The BRICS economic bloc, comprising Brazil, Russia, India, China, and South Africa, is shifting increasingly towards cryptocurrency. As well as blockchain payment systems to facilitate cross-border trade.
While the coalition is looking for ways to reduce the use of the US dollar for foreign trade, some of the member countries are gravely considering stablecoins and other cryptocurrencies as serious substitutes.
Brazil Blockchain Initiative on BRICS
Brazil, which assumes the BRICS Presidency in January 2025, is reported to be formulating a plan for a blockchain payment system within the bloc.
The Brazilian administration plans to consider the proposal during the summit. Which held yearly in Rio de Janeiro in July, as local news reports indicate. If implemented, the system would provide a secure, open, and cost-effective financial infrastructure designed to simplify transactions among member countries while significantly reducing costs.
Brazil’s central bank has previously tested Drex, a tokenized financial transaction infrastructure. But there are still concerns regarding privacy and regulatory management.
The nation’s goal is to make trade more efficient, not to introduce a new currency to replace the US dollar.
Russia’s Crypto Transactions
Russia has already taken a step in using cryptocurrencies for international trade. Russian oil firms are using Bitcoin, Ethereum, and stablecoins to swap Chinese yuan and Indian rupees for rubles
So that it would be convenient for BRICS countries to carry out transactions.
Stablecoins and CBDCs as Alternatives
While there has not been an official decision about issuing a BRICS crypto token. Thus, discussions have centered around utilizing existing CBDCs and stablecoins in the settlements
BRICS explores blockchain and crypto to reduce reliance on the US dollar in trade.
Brazil leads a blockchain-based payment initiative, while Russia already uses crypto for transactions.
Stablecoins and CBDCs emerge as potential settlement solutions within the BRICS bloc.
The BRICS economic bloc, comprising Brazil, Russia, India, China, and South Africa, is shifting increasingly towards cryptocurrency. As well as blockchain payment systems to facilitate cross-border trade.
While the coalition is looking for ways to reduce the use of the US dollar for foreign trade, some of the member countries are gravely considering stablecoins and other cryptocurrencies as serious substitutes.
Brazil Blockchain Initiative on BRICS
Brazil, which assumes the BRICS Presidency in January 2025, is reported to be formulating a plan for a blockchain payment system within the bloc.
The Brazilian administration plans to consider the proposal during the summit. Which held yearly in Rio de Janeiro in July, as local news reports indicate. If implemented, the system would provide a secure, open, and cost-effective financial infrastructure designed to simplify transactions among member countries while significantly reducing costs.
Brazil’s central bank has previously tested Drex, a tokenized financial transaction infrastructure. But there are still concerns regarding privacy and regulatory management.
The nation’s goal is to make trade more efficient, not to introduce a new currency to replace the US dollar.
Russia’s Crypto Transactions
Russia has already taken a step in using cryptocurrencies for international trade. Russian oil firms are using Bitcoin, Ethereum, and stablecoins to swap Chinese yuan and Indian rupees for rubles
So that it would be convenient for BRICS countries to carry out transactions.
Stablecoins and CBDCs as Alternatives
While there has not been an official decision about issuing a BRICS crypto token. Thus, discussions have centered around utilizing existing CBDCs and stablecoins in the settlements
#Russia #BRICS
The BRICS digital currency is a proposed cross-border payment system designed to facilitate transactions among member nations (Brazil, Russia, India, China, South Africa, and new entrants like Saudi Arabia, UAE, Iran, Egypt, and Ethiopia) using a shared digital framework. Aimed at reducing reliance on the US dollar and Western financial networks like SWIFT, the initiative seeks to bolster economic sovereignty, particularly after sanctions on Russia highlighted vulnerabilities tied to dollar dependency. The currency would likely operate on blockchain technology, ensuring secure, transparent, and near-instantaneous settlements, while minimizing exchange rate risks and transaction costs by promoting trade in local currencies or a collective unit pegged to a basket of commodities or member currencies.
Key motivations include de-dollarization, enhancing financial inclusion, and streamlining intra-BRICS trade, which accounts for over 25% of global GDP. Benefits span cheaper remittances, reduced exposure to dollar volatility, and strengthened geopolitical influence by challenging the Western-dominated monetary order. However, challenges persist: divergent regulatory frameworks, uneven technological infrastructure, and political disagreements among members could hinder implementation. Additionally, balancing national monetary policies with a shared system poses complexity.
If successful, the BRICS digital currency could reshape global finance, offering an alternative to emerging economies and accelerating a multipolar economic landscape. Yet, its viability hinges on overcoming technical, political, and coordination hurdles, making it a strategic but ambitious long-term project.
$BTC $XRP $ETH
The BRICS digital currency is a proposed cross-border payment system designed to facilitate transactions among member nations (Brazil, Russia, India, China, South Africa, and new entrants like Saudi Arabia, UAE, Iran, Egypt, and Ethiopia) using a shared digital framework. Aimed at reducing reliance on the US dollar and Western financial networks like SWIFT, the initiative seeks to bolster economic sovereignty, particularly after sanctions on Russia highlighted vulnerabilities tied to dollar dependency. The currency would likely operate on blockchain technology, ensuring secure, transparent, and near-instantaneous settlements, while minimizing exchange rate risks and transaction costs by promoting trade in local currencies or a collective unit pegged to a basket of commodities or member currencies.
Key motivations include de-dollarization, enhancing financial inclusion, and streamlining intra-BRICS trade, which accounts for over 25% of global GDP. Benefits span cheaper remittances, reduced exposure to dollar volatility, and strengthened geopolitical influence by challenging the Western-dominated monetary order. However, challenges persist: divergent regulatory frameworks, uneven technological infrastructure, and political disagreements among members could hinder implementation. Additionally, balancing national monetary policies with a shared system poses complexity.
If successful, the BRICS digital currency could reshape global finance, offering an alternative to emerging economies and accelerating a multipolar economic landscape. Yet, its viability hinges on overcoming technical, political, and coordination hurdles, making it a strategic but ambitious long-term project.
$BTC $XRP $ETH
#BRICS Las consecuencias de esta política van más allá de Estados Unidos. De hecho, México y Canadá ya están sufriendo el impacto de estos aumentos arancelarios, lo que incrementa las tensiones comerciales entre los bloques económicos. Pero son sobre todo los BRICS quienes podrían ser las principales víctimas. Desde hace varios años, estas economías emergentes se han esforzado por reducir su dependencia del dólar en el comercio internacional. Una depreciación de sus respectivas monedas frente a un billete verde en plena ascensión complicaría estos esfuerzos, lo que haría que sus importaciones sean más costosas y debilitaría sus sistemas económicos.
#BRICS Los BRICS en dificultad ante un dólar fortalecido
Uno de los pilares estratégicos de los BRICS reside en la diversificación de las transacciones monetarias y la implementación de un sistema económico menos dependiente del dólar. Sin embargo, este aumento del billete verde podría invertir esta tendencia. Una apreciación demasiado brusca del dólar aniquilaría varios años de trabajo en la dedolarización. La inflación importada en los países del bloque de los BRICS, combinada con un encarecimiento de la deuda denominada en dólares, podría frenar considerablemente sus ambiciones económicas.
Además, esta situación informa sobre la vulnerabilidad del bloque ante las fluctuaciones monetarias internacionales. Si bien China y Rusia han intentado imponer el yuan y el rublo como alternativas al dólar, las recientes tensiones en los mercados financieros revelan que la adopción de estas monedas sigue siendo limitada. Un aumento demasiado fuerte del billete verde podría, por lo tanto, reavivar la dominación del sistema financiero estadounidense, lo que puede reducir el margen de maniobra de los BRICS en las transacciones internacionales.
Mientras que el aumento del dólar parece inevitable a corto plazo, los BRICS deberán acelerar sus esfuerzos para contrarrestar esta nueva situación. Una revisión de su estrategia monetaria, combinada con una cooperación reforzada con otras naciones emergentes, podría ser considerada para limitar el impacto de esta volatilidad. Queda por ver si este alza será suficiente para cuestionar un sistema dominado por el dólar o si, por el contrario, esta nueva situación marcará un regreso en fuerza del billete verde en el comercio mundial.
Uno de los pilares estratégicos de los BRICS reside en la diversificación de las transacciones monetarias y la implementación de un sistema económico menos dependiente del dólar. Sin embargo, este aumento del billete verde podría invertir esta tendencia. Una apreciación demasiado brusca del dólar aniquilaría varios años de trabajo en la dedolarización. La inflación importada en los países del bloque de los BRICS, combinada con un encarecimiento de la deuda denominada en dólares, podría frenar considerablemente sus ambiciones económicas.
Además, esta situación informa sobre la vulnerabilidad del bloque ante las fluctuaciones monetarias internacionales. Si bien China y Rusia han intentado imponer el yuan y el rublo como alternativas al dólar, las recientes tensiones en los mercados financieros revelan que la adopción de estas monedas sigue siendo limitada. Un aumento demasiado fuerte del billete verde podría, por lo tanto, reavivar la dominación del sistema financiero estadounidense, lo que puede reducir el margen de maniobra de los BRICS en las transacciones internacionales.
Mientras que el aumento del dólar parece inevitable a corto plazo, los BRICS deberán acelerar sus esfuerzos para contrarrestar esta nueva situación. Una revisión de su estrategia monetaria, combinada con una cooperación reforzada con otras naciones emergentes, podría ser considerada para limitar el impacto de esta volatilidad. Queda por ver si este alza será suficiente para cuestionar un sistema dominado por el dólar o si, por el contrario, esta nueva situación marcará un regreso en fuerza del billete verde en el comercio mundial.
#BRICS La subida del dólar pone en jaque a los BRICS
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La subida del dólar pone en jaque a los BRICS
El orden económico mundial tambalea bajo el efecto de las decisiones proteccionistas de Estados Unidos. Mientras los BRICS pretenden reducir su dependencia del dólar, podría vislumbrarse un cambio importante. El regreso en fuerza de los aranceles aduaneros estadounidenses podría alimentar un aumento del billete verde, lo que amenazaría con debilitar las economías emergentes y frenar sus esfuerzos de dedolarización. Este aumento potencial de la potencia del dólar, lejos de ser trivial, podría marcar un punto de inflexión para el equilibrio monetario global.
Unirse
Noticias
Cripto
Criptoguías
IA
Boletín de noticias
English
-
Français
-
Español
Unirse
Portada » Noticias » Noticias de Finanzas
La subida del dólar pone en jaque a los BRICS
El orden económico mundial tambalea bajo el efecto de las decisiones proteccionistas de Estados Unidos. Mientras los BRICS pretenden reducir su dependencia del dólar, podría vislumbrarse un cambio importante. El regreso en fuerza de los aranceles aduaneros estadounidenses podría alimentar un aumento del billete verde, lo que amenazaría con debilitar las economías emergentes y frenar sus esfuerzos de dedolarización. Este aumento potencial de la potencia del dólar, lejos de ser trivial, podría marcar un punto de inflexión para el equilibrio monetario global.
BRICS will expand in 2025 with nine new partner states, signaling surging global alignment with the bloc as more nations race to secure ties.
BRICS Expands With New Partner States in 2025
Several countries are set to gain BRICS partner status starting Jan. 1, 2025, following confirmations received by Russia, Kremlin aide Yury Ushakov informed reporters on Tuesday.
Referencing the BRICS leaders’ summit in Kazan, Ushakov was quoted by Tass as saying: “One of the important results of the summit was the establishment of the category of BRICS partner countries and coming to terms on a list of 13 states. Invitations were sent to these states.” The Russian official added:
As of this time, confirmations of readiness to become a BRICS partner country have been received from Belarus, Bolivia, Indonesia, Kazakhstan, Cuba, Malaysia, Thailand, Uganda and Uzbekistan.
“From January 1, 2025, they will officially acquire the status of BRICS partner states. But we expect that in the near future responses will come from four more countries, to which invitations were also sent,” he further explained.
Ushakov noted that Eritrea has shown interest in engaging with BRICS, reflecting a growing list of nations looking to collaborate with the bloc. Representatives from partner countries will be invited to key meetings, including BRICS summits and sessions of foreign ministers. The official elaborated: “We also believe it is right to involve partners in meetings of high representatives in charge of security issues, parliamentary forum and other events.”
Reflecting on Russia’s presidency in BRICS, Ushakov noted Moscow’s efforts to integrate new members into the organization’s framework. He highlighted that Russia had to facilitate BRICS operations in an expanded format “to make sure that the new members of the group harmoniously fit into the customary arrangements, customary ways of interaction.” Ushakov described the process as successful, underscoring the significance of Russia’s role in steering the bloc through a transitional phase.
#BRICS
BRICS Expands With New Partner States in 2025
Several countries are set to gain BRICS partner status starting Jan. 1, 2025, following confirmations received by Russia, Kremlin aide Yury Ushakov informed reporters on Tuesday.
Referencing the BRICS leaders’ summit in Kazan, Ushakov was quoted by Tass as saying: “One of the important results of the summit was the establishment of the category of BRICS partner countries and coming to terms on a list of 13 states. Invitations were sent to these states.” The Russian official added:
As of this time, confirmations of readiness to become a BRICS partner country have been received from Belarus, Bolivia, Indonesia, Kazakhstan, Cuba, Malaysia, Thailand, Uganda and Uzbekistan.
“From January 1, 2025, they will officially acquire the status of BRICS partner states. But we expect that in the near future responses will come from four more countries, to which invitations were also sent,” he further explained.
Ushakov noted that Eritrea has shown interest in engaging with BRICS, reflecting a growing list of nations looking to collaborate with the bloc. Representatives from partner countries will be invited to key meetings, including BRICS summits and sessions of foreign ministers. The official elaborated: “We also believe it is right to involve partners in meetings of high representatives in charge of security issues, parliamentary forum and other events.”
Reflecting on Russia’s presidency in BRICS, Ushakov noted Moscow’s efforts to integrate new members into the organization’s framework. He highlighted that Russia had to facilitate BRICS operations in an expanded format “to make sure that the new members of the group harmoniously fit into the customary arrangements, customary ways of interaction.” Ushakov described the process as successful, underscoring the significance of Russia’s role in steering the bloc through a transitional phase.
#BRICS
$TRUMP
Trump Issues Strong Warning to BRICS Nations Over Dollar Replacement
Former President Donald Trump has issued a stern warning to the BRICS nations—Brazil, Russia, India, China, and South Africa—regarding any attempts to challenge the U.S. dollar’s dominance in global trade. Trump has vowed to impose 100% tariffs on their exports if they move forward with alternative currency initiatives.
He has called for a firm commitment from these nations to uphold the dollar’s status, emphasizing that any deviation could have severe economic repercussions. This bold stance could significantly impact global trade dynamics, sparking reactions from BRICS leaders and international markets alike.
Investors are expected to respond swiftly to this development, as the geopolitical and economic landscape faces potential shifts. The world is now watching closely to see how BRICS nations will respond to this ultimatum.
#GlobalTrade #USDollar #BRICS #EconomicPolicy
Trump Issues Strong Warning to BRICS Nations Over Dollar Replacement
Former President Donald Trump has issued a stern warning to the BRICS nations—Brazil, Russia, India, China, and South Africa—regarding any attempts to challenge the U.S. dollar’s dominance in global trade. Trump has vowed to impose 100% tariffs on their exports if they move forward with alternative currency initiatives.
He has called for a firm commitment from these nations to uphold the dollar’s status, emphasizing that any deviation could have severe economic repercussions. This bold stance could significantly impact global trade dynamics, sparking reactions from BRICS leaders and international markets alike.
Investors are expected to respond swiftly to this development, as the geopolitical and economic landscape faces potential shifts. The world is now watching closely to see how BRICS nations will respond to this ultimatum.
#GlobalTrade #USDollar #BRICS #EconomicPolicy
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