Among the topics on the table for the next BRICS Summit in South Africa,we could highlight those related to the use of national currencies for intra-BRICS trade relations and the expansion of the grouping.A third topi...Among the topics on the table for the next BRICS Summit in South Africa,we could highlight those related to the use of national currencies for intra-BRICS trade relations and the expansion of the grouping.A third topic deserves greater attention:cooperation in digital infrastructure for developing a digital economy and governance.While the proposal to have a common BRICS currency is currently out of the question,the one that aims to expand agreements to finance bilateral trade in the national currency has gained strength among the five countries.The risks to economic sovereignty arising from excessive dependence on the US currency and the need to reduce transaction costs in intra-BRICS trade relations make this agenda item a priority.展开更多
文摘Among the topics on the table for the next BRICS Summit in South Africa,we could highlight those related to the use of national currencies for intra-BRICS trade relations and the expansion of the grouping.A third topic deserves greater attention:cooperation in digital infrastructure for developing a digital economy and governance.While the proposal to have a common BRICS currency is currently out of the question,the one that aims to expand agreements to finance bilateral trade in the national currency has gained strength among the five countries.The risks to economic sovereignty arising from excessive dependence on the US currency and the need to reduce transaction costs in intra-BRICS trade relations make this agenda item a priority.
