Putin calls for expansion of local currency settlements and proposes creation of new BRICS investment platform
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最新报道：[Putin calls for expansion of local currency settlement and proposes to create a new BRICS investment platform] According to CCTV News, Russian President Vladimir Putin attended the 17th BRICS Summit via video on July 6, local time. In his speech, he proposed a number of initiatives, including building an independent settlement and custody system on the BRICS platform and vigorously promoting the expansion of local currency settlement. Putin said that in 2024, the ruble and the currencies of "friendly countries" accounted for 90% of Russia's settlements with other BRICS countries; at the same time, he proposed to increase the scale of two-way investment between member countries and proposed to create a new BRICS investment platform. In addition, Putin also proposed to establish a carbon market partnership, an arbitration investment center, a fair competition platform, and a permanent tax secretariat within the BRICS framework.
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