(Bloomberg) – BRICS countries have not yet made serious steps in the trade and investment system they discussed in the border system for ten years.
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A statement released as Brazil’s Sunday meetings on Sunday, leaders are committed to additional talks on more trade integration potential for more than 10 national blocks.
“The governors of the financial and the Central Bank are in charge of our ministers and Brics to continue discussion on the initiative of border payments.” A survey prepared by the Central Bank of Brazil will be presented in the two-day Rio de Janeiro summit.
Despite the group’s desires, progress was slow – and global trading may not be possible to catch that the tide of trading changes so quickly.
When the Dollar President Donald Trump’s incorrect pressure is under continuous pressure, it is a kidnapped opportunity for Brice. Greenback has been established since 1973 due to the attacks on Trump’s Trade War and the hesitant of federal reserves, and the traders have been created for the markets that are expected to extend the long-term search.
All members are complicated by the technical aspects of integration, when the first secret of the block of the 2015 summit in the 2015 summit, in connection with the technical aspects of integration. In some countries, central banking systems are not ready yet, there are three people who are familiar with discussions, he said. It will take time to adapt them, they said: “It’s said that it is likely to be at every moment.
Unfoundation
Discussions can be used in the discussions, how to implement the types of currencies used, infrastructure and share the costs. There are security issues related to integrated systems, saying that two people say, the latest expansion of the Brick block causes delays.
Failure to change currencies of several blocks and the member states are further complicating sanctions on member states and Russia. Some countries may claim that the costs involved in the establishment and maintenance of a single system are not reported that they are already in exchange for bilateral trade. All wanted individual conversations to determine the data of sharing.
China began a broom campaign to preach the US global role in the United States and to preach the global role for one. Last month, the Central Bank of China, Governor Tan Gongsheng, announced a vision day in the country’s financial markets, and Yuan played a central role in the capital flows of the world.
Peckin, Singapore and Chicago, the country that can compete with similar hedging tools in the marine markets is investigating the launch of the country’s first domestic currency and expands its payment system known as crypt to cover more foreign banks.
Trump Pushback
BRICS leaders have once again confirmed the obligation to strengthen the sources of financing and diversifying the sources of financing and promoting the inclusive growth and sustainable development.
The latest thinking of the block of the block shows that a document that shows that the discussions around the NIP’s new investment platform are similar.
The platform provides more flexibility, providing more flexibility and fills a gap that fills a gap that depends on hard currency financing. However, taking into account the diversity of approaches and proposals, the complex nature of the involved issues will be important for a general understanding of the potential for the additional value and operating framework. “
Trump threatened to hit the dollar in bilateral trade, 100% Levies about Brics, hitting 100%. Pushback, in turn, is interested in developing local payment systems and other tools that facilitate trade and investment between the nations.
The idea of establishing a common currency for leaving and blocking dollars is not discussed, a number of officials. The US leader’s response did not postpone the conversations of Bric for integrated systems.
“One of the ways of the country’s approach is to reduce financing costs for trade operations. One of the ways is to use local currencies more,” he said. “Banks say, depending on the period you have carried out, you may need to use Renminbi’s transformation into dollars. But you have no goal.”
If you have a liquid market, you will have a direct exchange rate to Real-Rumee, Real Rand, Real Rupee, Real-Rand. ” “However, this will depend on whether there is a critical mass and trade investment.”
High prices
The Brick Statement is also an additional challenges that handed over to the countries of financial and monetary policy in financial and monetary policy in some developed economies. “High interest rates and tougher financing conditions worsen debt weaknesses in many countries,” he said.
The block is also discussed for the establishment of a multilateral warranty initiative aimed at improving the credit abilities in Brics and Global South. The BMG will be incubated within the NDB and will start without additional capital contributions.
– Help from Alan Crawford.
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