BRICS: 3 Countries Receive Invitation To Attend the 2024 Summit
The BRICS alliance has invited three countries to attend the 2024 summit in October this year. The 16th summit is scheduled to take place in the Kazan region of Russia on October 22 to 24. The expanded nine-member alliance will discuss bilateral trade, ways to promote local currencies, and new ways to settle cross-border transactions. The de-dollarization agenda will also be discussed on how to end dependency on the US dollar. Also Read: BRICS: No De-Dollarization, Countries Use China When It Suits Them Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. The development will kick-start a paradigm shift in global finances and directly challenge the US and other Western allies. The upcoming BRICS 2024 summit will play a prominent role in the future of the US dollar. Also Read: BRICS No Longer Attaching Importance to the US Dollar BRICS 2024 Summit: Alliance Sends Invitations To 3 Countries Source: Valery Sharifulin (TASS) The BRICS bloc ha...