UAE deepens engagement in financial cooperation, development finance at BRICS and New Development Bank meetings in India
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9 Articles
Iran pushes for local currencies, alternative payment systems to counter sanctions in BRICS summit
TEHRAN- The Minister of Economic Affairs and Finance, referring to the holding of the Second Meeting of Economy Ministers and Central Bank Governors of BRICS member countries, said: "The use of local currencies, the development of payment systems and domestic financial messengers, and increased economic coordination among BRICS members were among the most important topics raised at this meeting."
UAE deepens engagement in financial cooperation, development finance at BRICS and New Development Bank meetings in India
Mumbai: The United Arab Emirates, represented by the Ministry of Finance, participated in the second meeting of BRICS Finance Ministers and Central Bank Governors and the Special Meeting of the Board of Governors of the New Development Bank (NDB), held today in Mumbai, India.The Ministry of Finance delegation was headed by His Excellency Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, and included a number of officials and…
The BRICS summit, which is a group of 11 countries including India and China, is being held in Delhi this year under the chairmanship of India. At the same time, a meeting of the finance ministers and central bank governors of the BRICS member countries was held. The meeting called for building a system for financial and economic cooperation among the BRICS countries.
BRICS finance, central bank governors: continue to have serious concerns with unilateral imposition of trade and finance-related actions
BRICS' concerns over unilateral trade actions may drive a shift towards multilateralism, impacting global trade dynamics and asset markets.
Referring to the second meeting of the ministers of economy and central bank governors of the BRICS member countries, the Minister of Economic Affairs and Finance said: "The use of local currencies, the development of payment systems and domestic financial messengers, and increasing economic coordination among BRICS members were among the most important issues raised at this meeting."
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