Category Results: News
Asian Clearing Union to adopt SWIFT alternative
Category: News Date: June 1, 2023
Within the coming weeks, ACU member states plan to introduce the Iranian-developed system.
During a recent summit in Iran, the members of the Asian Clearing Union (ACU) decided to compete with th...
Speeding up the BRICS - SCO payment system
Category: News Date: May 24, 2023A new, "cutting-edge" payment system for the currencies of the Shanghai Cooperation Organization (SCO) and BRICS countries should be established as soon as possible, according to the chairman of Russi...
Independent Financial System planned by Russia and the Islamic world
Category: News Date: May 22, 2023
Russia and the Islamic countries talk about the creation of an independent financial system and de-dollarization.
According to Alexey Overchuk, deputy prime minister of Russia, Russia is in conve...
BRICS, EAEU & SCO alliance
Category: News Date: May 21, 2023
The second Eurasian Economic Forum, which will be held in Moscow on May 24 - 25, will feature discussions on the integration of BRICS, EAEU & SCO blocks.
"The expansion of mutually beneficial coo...
BRICS Common Currency report
Category: News Date: May 20, 2023The planned BRICS cross-border currency is an important step in challenging the dominance of the U.S. dollar, according to Zhou Yu, director of international finance Research at the Shanghai Academy o...