Anwar urges BRICS to emulate Asean and boost intra-member trade

BRICS has no plan to create an alternate currency, says Brazil’s Ambassador to India

Kenneth Felix Haczynski da Nobrega says the summit in Rio will focus on building intra-BRICS trade, climate change, artificial intelligence and fighting terrorism; he says that the grouping may look at adopting local currencies as an option for conducting trade and it would be on a voluntary basis

Anwar urges BRICS to emulate Asean and boost intra-member trade

RIO DE JANEIRO: Asean’s move to trade in local currencies among its member states is part of efforts to strengthen the financial system and be free of unilateral domination. © New Straits Times Press (M) Bhd