07.11.2024, 07:59
Oreshkin spoke about the methods of settlements between the BRICS countries
Source: OREANDA-NEWS
OREANDA-NEWS The BRICS member states will actively use national currencies in calculations, Maxim Oreshkin, Deputy head of the Presidential Administration of the Russian Federation, said on the Rossiya-24 TV channel. His words are quoted by TASS.
The official noted that now there are many points that have not yet been sufficiently worked out, and stressed that "national currencies will definitely be actively used." Now their share in the structure of Russia's settlements with the BRICS countries is 65 percent.
Oreshkin also said that at the next BRICS summit, which will be held in Brazil, the working group will present specific solutions for the creation of a new investment platform. "The main task is to significantly increase the volume of investments of an infrastructural and technological nature, which is carried out by the New Development Bank. To create the necessary tools for funding such operations and a tool for selecting such projects," he explained.
Earlier, Andrey Mikhailishin, head of the Financial Services Task Force of the BRICS Business Council, shared data on the work on the tools necessary to create an appropriate system. Among the projects that are being worked on, he named the common unit of account (Unit), the platform for international settlements in digital currencies of the BRICS countries (Bridge), the payment system (Pay), the settlement depository (Clear), the insurance system (Insurance), as well as the rating alliance.
The official noted that now there are many points that have not yet been sufficiently worked out, and stressed that "national currencies will definitely be actively used." Now their share in the structure of Russia's settlements with the BRICS countries is 65 percent.
Oreshkin also said that at the next BRICS summit, which will be held in Brazil, the working group will present specific solutions for the creation of a new investment platform. "The main task is to significantly increase the volume of investments of an infrastructural and technological nature, which is carried out by the New Development Bank. To create the necessary tools for funding such operations and a tool for selecting such projects," he explained.
Earlier, Andrey Mikhailishin, head of the Financial Services Task Force of the BRICS Business Council, shared data on the work on the tools necessary to create an appropriate system. Among the projects that are being worked on, he named the common unit of account (Unit), the platform for international settlements in digital currencies of the BRICS countries (Bridge), the payment system (Pay), the settlement depository (Clear), the insurance system (Insurance), as well as the rating alliance.
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