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(Reuters) – Work will proceed on the BRICS settlement system regardless of U.S. President-elect Donald Trump’s menace to impose 100% import duties on international locations that attempt to undermine the greenback, the RIA information company cited a senior Russian official as saying on Friday.
Trump final week demanded that BRICS member international locations decide to not creating a brand new foreign money or supporting one other foreign money that might change the U.S. greenback, saying they’d in any other case face 100% tariffs.
RIA quoted Russian Deputy International Minister Alexander Pankin as saying that BRICS was the truth is engaged on a settlement system relatively than a brand new worldwide foreign money.
“After all, it’s going to proceed,” he mentioned, referring to the work on the deliberate system.
