New Country Shows Interest To Join BRICS Before 2024 Summit
Another new country has expressed its interest in joining BRICS before the 2024 summit in October. The 16th summit is scheduled to take place in the Kazan region of Russia on October 22 to 24. Developing countries are queuing up to join the alliance in part to advance the de-dollarization agenda. Cutting ties with the US dollar could strengthen their local currencies giving their native economies and businesses a boost. Also Read: BRICS: 3 Countries Receive Invitation To Attend the 2024 Summit Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. The upcoming 2024 summit will see BRICS taking major decisions about de-dollarization and pushing local currencies forward. The main goal of BRICS is to topple the US dollar from the world’s reserve and replace it with regional currencies. Also Read: BRICS: JP Morgan Warns There’s a 35% Chance of a Recession BRICS 2024 Summit: Another New Country Expresses Interest To Join Source: AFP Azerbai...