BRICS nations can boost trade and investment by deepening financial markets. Experts suggest using local currencies more often for transactions. Linking payment platforms and exploring CBDCs will speed up cross-border payments. Reducing non-tariff barriers will also enhance intra-BRICS trade significantly. Greater trust and business partnerships are key for future economic cooperation.

India is pushing BRICS CBDC interoperability at the September 2026 summit, but geopolitics, technical gaps, and US tariff threats complicate the

BRICS Chamber Chairman Sameep Shastri supports de-dollarisation for a multipolar economic system. He believes local currency trade and digital transactions offer developing…

Experts urge BRICS nations to enhance banking links and local currency trade for improved economic cooperation and reduced transaction costs.

BRICS finance ministers and central bank governors are exploring faster and cheaper cross-border payment systems, including greater use of local currencies for trade and…