SCO Summit 2025: Digital Trading Platform To Be Launched To Bypass USD
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最新报道：The Shanghai Cooperation Organization (SCO) plans to launch a digital trading platform by 2025 to reduce reliance on the US dollar in international transactions. Russian President Vladimir Putin announced the initiative during the SCO summit, emphasizing the need for an independent financial system amid Western sanctions. The platform aims to facilitate trade settlements in local currencies among SCO member states, including China, Russia, India, and Pakistan. This move aligns with broader efforts by BRICS nations to de-dollarize global trade and promote alternative payment systems. The SCO also discussed expanding membership and enhancing economic cooperation across Eurasia.
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