Prospects for a Unified BRICS Payment System: Sketching the Contours and Identifying the Challenges
24 September 2026 at 10:20
The main task of BRICS in the financial sphere is not to create a single currency, but to shape a pragmatic and interoperable payment architecture that provides businesses with reliable, fast, and cost-effective cross-border settlements while preserving the monetary sovereignty of member states. Pragmatism Instead of Financial Confrontation The BRICS economic agenda should be approached […]