Brics Increases Its Dominance On Global Trade

Last updated: June 9, 2025, 23:01

Brics Increases Its Dominance On Global Trade

The BRICS countries are actively

The BRICS countries are actively increasing direct trade with each other to reduce dependence on the U.S. dollar. By using local currencies for trade settlements, the BRICS economy gains

BRICS Increases Its Dominance on Global Trade

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The share of global trade

The share of global trade in goods transacted among the group’s current members more than doubled, to 40%, from 20. This trend becomes clearer when

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