Russia-led free trade bloc seeks joint payment system with BRICS

Russia-led free trade bloc seeks joint payment system with BRICS

Such a move could help cut dependence on Western financial infrastructure, Izvestia reports The Eurasian Economic Union (EEU) is interested in setting up a common payment system with BRICS nations, the newspaper Izvestia reported on Monday. The Russia-led free trade bloc aims to cut reliance on the Western monetary system.

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