BRICS: China & Russia Announce Major Partnership
BRICS members China and Russia are forging new partnerships to promote the concept and ideals of a multipolar world. Both countries are looking to reform the global financial system which is heavily concentrated and dominated by the US. Russia’s Foreign Minister Sergey Lavrov met Chinese President Xi Jinping on Tuesday and the two discussed ways to push the new financial ideals ahead. Also Read: BRICS: 2 New Countries Express Interest To Join the Alliance Both the BRICS countries China and Russia pledged to defend the ideals of a multipolar world and promote the concept across developing countries. A multipolar world , according to BRICS is to sideline the US dollar for transactions and use local currencies for trade. Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. BRICS: China & Russia Announce Plans To Reform the US-Led Financial System Source: a2zanimals.com The BRICS members explained that the US has p...