India To Discard USD in BRICS Meeting Next Week, Demand Rupee Payments
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最新报道：India is set to discuss rupee-denominated trade with Russia during high-level talks in Moscow on August 20-21, aiming to bolster the rupee amid U.S. tariffs. The delegation will push for cross-border transactions in rupees, potentially sidelining the USD in bilateral trade. Additionally, India plans to negotiate a free trade agreement with Eurasian Economic Union countries to further internationalize the rupee. This move comes after the U.S. imposed 50% tariffs on India for purchasing Russian oil, prompting BRICS nations to explore alternatives to dollar dependency while maintaining their stance on rupee internationalization rather than de-dollarization.
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