Putin at the BRICS summit: de-dollarization "irreversible".

  For Russian President Vladimir Putin who spoke this evening in a videoconference at the BRICS summit, the abandonment of the US dollar in commercial affairs within the group and between member countries representing an intercontinental geopolitical bloc is an "irreversible process ”. On the occasion, he underlined how the principles of equality among the members guide the organization, as can be seen from his own words reported below: "The BRICS countries cooperate on the principles of equality and support for partners, the commercial turnover of the Russian Federation with partners exceeds 230 billion dollars". "The Russian Federation, continued Putin, 'is ready to work together to promote balanced approaches to climate problems in the international arena.' On the issue of agreements on trade in grain and cereal products, President Putin stated that Russia is willing to return to the agreement, in case of "real fulfillment of obligations towards the Russian side". But the president also raised the issue of climate change: "Russia is ready to work together to promote balanced approaches to climate problems in the international arena". Regarding monetary issues, President Putin announced that the process of de-dollarization is now irreversible among the countries that belong to the BRICS organization.