Russia has officially launched the Mega Dedollarization Drive to help the BRICS Alliance move away from the Western financial system. Russia’s Finance Minister Anton Silanov told RT that Putin’s administration can suspend US dollar trading at any time.
Siluanov explained that Russia is working to accelerate efforts to make BRICS a central part of all policies. Russian Minister called for the US dollar “Third Party Currency” This should be avoided for all cross-border transactions and transactions.
Russia is pushing for major de-communal drives among BRICS members
The minister emphasized that Russia is asking BRICS countries to use the national currency for all trade transactions. This includes payments for Russian rubles, Chinese yuan, Indian rupees, South African rands, and more. He revealed that these currencies could replace the Western-dominated financial world.
Our BRICS derailing drive “It will not involve Western financial infrastructure or settlement in the country’s currency that imposes sanctions on Russia and secures new development banks from possible risks.” Silanov said.
He also revealed that Russia could suspend US dollar trading on a new mega-de-extended drive. we “As we found out, we have proven reliability and independence from Western lending agencies that can suspend payments at any time.” He said. The minister said that even if the US lifts sanctions against Russia, the Putin administration would not allow the dollar to become the central bank’s main reserve currency.
Furthermore, Russia aims to sign new trade deals with BRICS members, subject to accelerated derailment drives. China and Iran may agree to the policy, but India, South Africa and the United Arab Emirates may remain on the sidelines. The three countries want US-controlled assets to support their respective economies and GDP growth.
