#USElectronicsTariffs 🌍 Experts are exploring how the BRICS international payment system can democratize trade and reduce dependence on the 'strong' dollar!
Alexander Ignatov emphasizes the benefits of alternatives to SWIFT, including lower transaction costs and reduced reliance on Western infrastructure.
Chief economist Anton Tabakh highlights that this system could allow transactions without being bound by Western sanctions, challenging the dominance of the dollar in global transactions.
As Russian Foreign Minister Sergey Lavrov mentioned, this proposal could even extend to non-BRICS members! What do you think about this potential change in the financial landscape? Let us know! 💬