Iran's Pezeshkian urges BRICS to trade in local currencies and proposes $10bn infrastructure insurance fund
Iranian President Pezeshkian urged wider use of local currencies in BRICS trade and proposed a $10 billion insurance fund for major infrastructure and energy projects. India's Piyush Goyal separately pushed BRICS members to link payment systems and trade in local currencies, with CBDC interoperability also on the summit agenda.
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@blckchaindaily
🚨 IRAN PRESIDENT PEZESHKIAN URGES WIDER USE OF LOCAL CURRENCIES IN BRICS TRADE
@blckchaindaily
🚨 IRAN PRESIDENT PEZESHKIAN PROPOSES BRICS ESTABLISH $10 BILLION INSURANCE FUND FOR MAJOR INFRASTRUCTURE AND ENERGY PROJECTS
@EverythingAjay
DE-DOLLARISATION push by India 🇮🇳 Piyush Goyal urges BRICS nations to trade in each other's LOCAL CURRENCIES 🗣️ "I urge BRICS member countries to LINK our payment systems, trade in local currencies & make digital trade global" https://t.co/xpeV4aV5Vi
@Bitcoin_Xoe
🇮🇳#India is pushing to link central bank digital currencies (CBDCs) across BRICS nations to make cross-border payments easier, even though there are political and technical hurdles that may slow progress. The plan is expected to be discussed at the BRICS leaders’ meeting in New https://t.co/y6zMzkeYOX