BRICS Advances Alternative Trading Platform to Challenge US Dollar Dominance
Russian Foreign Minister Sergey Lavrov confirmed BRICS is developing a dollar-independent trading platform, accelerating de-dollarization efforts. The alliance warns against weaponization of the USD, with emerging economies increasingly adopting local currencies for cross-border transactions.
The proposed platform could reshape global trade dynamics, empowering developing nations. Lavrov cited former US President Trump's policies as inadvertently hastening BRICS' push for financial autonomy. This MOVE signals a potential shift toward a multipolar monetary system.