Putin Calls for Gradual Integration in BRICS Currency Plans
Russian President Vladimir Putin stated that establishing a unified currency for the BRICS group is premature, as it requires deeper integration among member countries. Instead, he suggests a gradual approach and highlights plans to strengthen the BRICS bank.
- Country:
- Russia
Russian President Vladimir Putin on Friday called the introduction of a unified currency for the BRICS group premature, citing the need for a high level of integration among the member countries.
Putin emphasized a gradual approach, suggesting that Russia aims to bolster the new BRICS bank.
He is focused on enhancing BRICS—expanded to include Egypt, Ethiopia, Iran, and the UAE— as a significant counterbalance to Western influence in global politics and trade.
(With inputs from agencies.)
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- Putin
- BRICS
- currency
- integration
- bank
- global politics
- trade
- Russia
- unified currency
- Western influence
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