SHORT:
Russia has once again promised support the BRICS plan for a payment system that doesn’t depend on the U.S., even though the U.S. is putting pressure on them.
This plan is important for the BRICS countries-Brazil, Russia, India, China, and South Africa-because they want more control over their own economies, especially since they are facing sanctions.
The goal of this plan is to use fewer U.S. dollars in international trade and instead use their own currencies more, while also working together better. The BRICS countries might also look into using new technologies like blockchain and digital money to make this system stronger, showing their strong desire for economic freedom.
