The BRICS group is still young as an organization, but has already proven its effectiveness. Brazil, Russia, India, China, and South Africa are coordinating their policies on key international issues ever more closely, and are playing an active part in shaping a multipolar world order and developing modern models for the world’s financial and trading systems.
Friday, September 1, 2023
The BRICS R5 Project: Is It Feasible?
The creation of a BRICS common currency is one of the key themes at the BRICS 2023 summit, but the issue of the feasibility of this R5 project (all five BRICS national currencies start with the letter R) is still seen as being unresolved
The South African Chapter of the BRICS Business Council has expressed satisfaction about the work it has done to develop new strategies to improve access to financial services and grow the digital economy among member nations