Putin: We seek to end dollar hegemony

Putin: We seek to end dollar hegemony

Aug 24, 2023 - 21:07
Putin: We seek to end dollar hegemony
Putin: We seek to end dollar hegemony


  Russian President Vladimir Putin, speaking at the BRICS summit, said: "We are striving to end the hegemony of the dollar in world trade." On Wednesday, the second day of the BRICS summit, Putin stressed efforts to de-dollarize economic ties, AAA reported: "The development of ties between the BRICS states is very important for improving the global economic situation." In his video conference speech, Putin called on the BRICS countries to expand mutual settlements in national currencies. , also stating that the desire of Western countries to maintain hegemony in the world led to a war in Ukraine, noted that the purpose of the Russian mission in Ukraine was to end the war unleashed by the West against the inhabitants of Donbass.Tuesday, August 22, in Johannesburg (the economic capital of South Africa) The 15th BRICS Summit kicked off with the leaders of Brazil, Russia, India, China and South Africa present.

On the first day of the BRICS Summit, the leaders of the participating countries focused on reducing dependence on the dollar, improving economic relations and ways to increase the attraction of money and lending in national currencies South African President Cyril Ramaphosa said he will announce the names of the countries that will join the BRICS group as full members after the conclusion of the BRICS leaders' talks on the issue on Thursday morning. South Africa's BRICS spokesman Anil Suklal said: "BRICS has emerged as a global brand. The name is 'accepted all over the world.'" Indian Prime Minister Narendra Modi, Brazilian President Lula da Silva, Chinese President Xi Jinping and South African Presidents Cyril Ramaphosa personally attended the summit. Russian President Vladimir Putin attended by videoconference.