Dotard-land must SHIT BRICK & DIE! BRIC UP USA ASS! BRIC summit declaration from Brazil!

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https://www.rt.com/business/473418-brics-dollar-payment-system-cryptocurrency/


Phasing out the dollar: BRICS countries setting up own payment network to cut dependence on Western financial system
14 Nov, 2019 12:19 / Updated 1 day ago

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In past five years, Russia has almost halved its foreign trade payments in US currency, from 92 to 50 percent, said the CEO of Russian Direct Investment Fund (RDIF) and member of the BRICS Business Council Kirill Dmitriev.
Talking to RT on the sidelines of the BRICS Summit in Brazil, Dmitriev said that payments in ruble increased from 3 to 14 percent over the period.
The five major emerging economies – Brazil, Russia, India, China, and South Africa – are currently developing a joint new payment system.
ALSO ON RT.COMPutin calls on BRICS nations to increase use of national currencies in trade
“An efficient BRICS payment system can encourage payments in national currencies and ensure sustainable payments and investments among our countries, which make up over 20 percent of the global inflow of foreign direct investment,” Dmitriev said.
He explained that developing the national segments of payment systems and their sustainable integration are the “key drivers of the economic partnership among the BRICS countries, given the increasing non-market risks of the global payment infrastructure.”
ALSO ON RT.COMRussia, China & India to set up alternative to SWIFT payment system to connect 3 billion people
The potential use of a single cryptocurrency for payments among BRICS member-countries is also expected to be discussed during the forum. Such payments will be conducted via the BRICS payment system, Dmitriev said, adding “The joint funds established with RDIF’s assistance for investments made in national currencies and technology development can serve as the foundation for that.”
RDIF is the Chair of the BRICS Business Council’s Financial Services Working Group.
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Russia’s trade with BRICS nations exceeds $125 BILLION - Putin
14 Nov, 2019 09:09 / Updated 1 day ago

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Russia continues expanding economic cooperation with fellow BRICS countries, said President Vladimir Putin at BRICS Summit in Brazil. Russia's trade with Brazil, India, China and South Africa has grown by 22.4 percent.
"We are actively participating in international trade, boosting our mutually beneficial ties with foreign countries — first and foremost, our BRICS partners. In 2018, our trade with the four countries exceeded $125 billion," said the Russian leader.
ALSO ON RT.COMBRICS countries will soon account for more than half of the global economy
He also said that Russia is ready to share its experience in digital technologies. "There are good chances for boosting our cooperation in computer science and telecommunications. Russia offers BRICS states to take a closer look at our newest projects. I am talking about electronic document management, search systems and antivirus software, which responds to the highest advanced security requirements."
The Russian president offered to expand energy cooperation, noting: "Russia reliably ensures deliveries of energy materials to global markets and makes a significant contribution to supporting global energy security which is vital for economic growth and social development.”
Putin has earlier called on the trade partners to develop settlements in national currencies, instead of the commonly used currencies like the US dollar. According to him, the integration of payments systems and the establishment of an independent channel on information exchange could facilitate the stability of the banking systems of the five countries.
ALSO ON RT.COMRussia, China & India to set up alternative to SWIFT payment system to connect 3 billion people
BRIC was established in 2006 by Brazil, Russia, India and China, before South Africa joined the bloc in 2010, adding the “S” to the acronym.
As of 2018, combined nominal GDP of these five emerging economies amounted to $18.6 trillion, which is about 23 percent of the gross world product. The trade bloc represents more than 40 percent of the world’s population.
According to International Monetary Fund estimates, member states are responsible for more than half of the global economic growth of the last 10 years.
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https://www.rt.com/business/469084-brics-half-world-economy/


BRICS countries will soon account for more than half of the global economy
18 Sep, 2019 13:23 / Updated 1 month ago

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The combined economies of the BRICS member states – Brazil, Russia, India, China and South Africa – are set to expand by about 20 percent in roughly a decade, Russian Finance Minister Anton Siluanov has announced.
“The BRICS countries’ economy today accounts for a third of the global economy. According to our conservative estimates, by 2030 our economies will make up more than half of the entire world economy,” Siluanov said at the BRICS International Competition Conference in Moscow on Wednesday.
Members of the alliance continue to work on eliminating trade barriers between them and can set an example for other counties, the minister added.
ALSO ON RT.COMBRICS bank greenlights new projects in India, Russia & South Africa worth $1.4bn
BRIC was established in 2006 by Brazil, Russia, India and China, before South Africa joined the bloc in 2010, adding the “S” to the acronym. As of 2018, combined nominal GDP of these five emerging economies amounted to $18.6 trillion.
In line with efforts to boost trade, members are working on the integration of payment systems, increasing payments in national currencies, as well as the establishment of an independent channel on information exchange. It was earlier reported that BRICS states are set to create a new joint payment system called BRICS Pay that will be similar to existing Apple Pay and Samsung Pay services.
“Cooperation in terms of developing the use of our national currencies in international settlements seems very promising,” Russian President Vladimir Putin said in June as he met BRICS leaders ahead of the G20 summit.
For more stories on economy & finance visit RT's business section

 

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http://www.xinhuanet.com/politics/leaders/2019-11/15/c_1125233796.htm


习近平出席金砖国家领导人第十一次会晤并发表重要讲话
2019-11-15 01:34:13 来源： 新华网

习近平出席金砖国家领导人第十一次会晤
并发表重要讲话
强调要倡导并践行多边主义　深入推进金砖国家新工业革命伙伴关系　
坚持扩大对外开放　努力构建人类命运共同体
​

新华社巴西利亚11月14日电（记者陈贽　霍小光　杨依军）当地时间11月14日，金砖国家领导人第十一次会晤在巴西首都巴西利亚举行。巴西总统博索纳罗主持会晤。中国国家主席习近平、俄罗斯总统普京、印度总理莫迪、南非总统拉马福萨出席。五国领导人围绕“经济增长打造创新未来”主题，就金砖国家合作及共同关心的重大国际问题深入交换意见，达成广泛共识。

当地时间11月14日，金砖国家领导人第十一次会晤在巴西首都巴西利亚举行。巴西总统博索纳罗主持会晤。中国国家主席习近平、俄罗斯总统普京、印度总理莫迪、南非总统拉马福萨出席。习近平发表题为《携手努力共谱合作新篇章》的重要讲话。 新华社记者 李学仁 摄
习近平发表题为《携手努力共谱合作新篇章》的重要讲话，强调金砖国家要展现应有责任担当，倡导并践行多边主义，营造和平稳定的安全环境；把握改革创新的时代机遇，深入推进金砖国家新工业革命伙伴关系；促进互学互鉴，不断拓展人文交流广度和深度。中国将坚持扩大对外开放，推进高质量共建“一带一路”，努力推动构建亚太命运共同体和人类命运共同体。
习近平指出，这次会晤是在世界经济发展和国际格局演变的关键时刻举行的。新科技革命和产业变革方兴未艾。新兴市场国家和发展中国家的崛起势头不可逆转，为全球经济治理体系变革注入强劲动力。令人担忧的是，保护主义、单边主义愈演愈烈，治理赤字、发展赤字、信任赤字有增无减，世界经济中不稳定不确定因素明显上升。面对百年未有之大变局，金砖国家应该顺应时代潮流，回应人民呼声，展现应有的责任担当，在追求发展道路上矢志不移，在团结合作历程中携手奋进，为人民谋幸福，为世界谋发展。
第一，营造和平稳定的安全环境。应该以维护世界和平、促进共同发展为目标，以维护公平正义、推动互利共赢为宗旨，以国际法和公认的国际关系基本准则为基础，倡导并践行多边主义。要维护联合国宪章宗旨和原则，维护以联合国为核心的国际体系，反对霸权主义和强权政治，建设性参与地缘政治热点问题解决进程。密切战略沟通和协作，发出金砖共同声音，推动国际秩序朝着更加公正合理的方向发展。
第二，谋求开放创新的发展前景。应该深入推进金砖国家新工业革命伙伴关系，在贸易和投资、数字经济、互联互通等领域不断打造合作成果，努力实现高质量发展。积极倡导共商共建共享的全球治理观，推动全球经济治理体系变革。坚决反对保护主义，维护以世界贸易组织为核心的多边贸易体制，提升新兴市场国家和发展中国家在国际事务中的发言权和影响力。推动将发展问题置于全球宏观政策框架核心位置，坚定落实联合国2030年可持续发展议程和应对气候变化《巴黎协定》，实现经济、社会、环境各领域协同发展。
第三，促进互学互鉴的人文交流。应该不断拓展人文交流广度和深度。以“金砖+”合作为平台，加强同不同文明、不同国家的交流对话，让金砖的朋友圈越来越大，伙伴网越来越广。
习近平强调，中国将坚持扩大开放，增加商品和服务进口，扩大外资市场准入，加强知识产权保护，形成全方位、多层次、宽领域的全面开放新格局。中国将遵循共商共建共享原则，秉持开放绿色廉洁理念，推进高质量共建“一带一路”。中国将继续奉行独立自主的和平外交政策，始终不渝走和平发展道路，致力于共筑更加紧密的中非命运共同体，构建携手共进的中拉命运共同体，构建开放包容、创新增长、互联互通、合作共赢的亚太命运共同体，朝着构建新型国际关系、构建人类命运共同体的目标不断迈进。

当地时间11月14日，金砖国家领导人第十一次会晤在巴西首都巴西利亚举行。巴西总统博索纳罗主持会晤。中国国家主席习近平、俄罗斯总统普京、印度总理莫迪、南非总统拉马福萨出席。这是五国领导人合影。 新华社记者 谢环驰 摄
当天，金砖国家领导人还举行闭门会议，习近平在会上发表重要讲话。习近平强调，金砖国家团结合作，顺应了人类社会发展和国际格局演变的趋势，看似偶然，但实属历史必然。金砖国家的发展壮大，带动了国际格局调整的速度、广度、深度，正在从根本上改变世界政治经济版图。没有哪个国家天生独领风骚，也没有哪种模式注定高人一等。全球化时代，不应该是一部分人反对另一部分人，而应该是所有人造福所有人。要弘扬多边主义，其核心要义是，国际上的事应该由大家商量着办，不能由一国或少数几个国家说了算。中国支持对世界贸易组织进行必要改革，坚持世界贸易组织核心价值观和基本原则，包括发展中国家应享有的“特殊与差别待遇”。习近平指出，实现发展繁荣，首先要保持稳定。许多发展中国家和地区出现的动荡，外部干预起了推波助澜的作用。金砖国家应该提高警惕，加强战略沟通，合作应对风险挑战，坚决维护国家主权、安全、发展利益。金砖国家要增强使命感和紧迫感，推进各领域合作，为五国人民，为广大新兴市场国家和发展中国家，为世界和平与发展，开辟更加光明的未来。
博索纳罗、普京、莫迪、拉马福萨表示，当前形势中不确定不稳定因素上升，保护主义、单边主义抬头，对各国主权、安全构成威胁。金砖国家应本着战略伙伴关系精神，加强沟通协作，维护联合国宪章宗旨和原则，维护以国际法为基础的国际秩序，维护公平、透明、开放的多边贸易体制，捍卫新兴市场国家和发展中国家共同利益。要支持各国自主选择发展道路，相互尊重主权，反对外来干涉，维护各自国家的主权、安全、发展利益，致力于通过对话解决争端，为维护国际战略安全稳定发挥更大作用。各国应采取更多便利化措施，扩大相互贸易和投资，加强科技创新、数字经济、能源、金融、互联互通、生物多样性保护等领域合作，加强人文交流。
五国领导人同意，齐心协力，加强金砖合作机制，实现共同发展繁荣。
会晤发表了《金砖国家领导人第十一次会晤巴西利亚宣言》。
丁薛祥、杨洁篪、王毅、何立峰等参加会晤。

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Xi Jinping Attends the Eleventh Meeting of the BRICS Leaders and Delivers an Important Speech

2019-11-15 01:34:13 Source: Xinhuanet

Xi Jinping Attends the Eleventh Meeting of BRICS Leaders

And delivered an important speech

Emphasis on advocating and practicing multilateralism and in-depth promotion of the BRICS new industrial revolution partnership

Persisting in opening up to the outside world, striving to build a community of human destiny

Xinhua News Agency, Brasilia, November 14 (Reporter Chen Wei, Huo Xiaoguang, Yang Yijun) On November 14, local time, the eleventh meeting of BRICS leaders was held in Brasilia, the capital of Brazil. Brazilian President Bossonaro hosted the meeting. Chinese President Xi Jinping, Russian President Putin, Indian Prime Minister Modi, and South African President Rama Fosa attended the meeting. The leaders of the five countries exchanged views on the theme of "economic growth to create an innovative future" and exchanged views on BRICS cooperation and major international issues of common concern, and reached broad consensus.



On November 14, local time, the eleventh meeting of BRICS leaders was held in Brasilia, the capital of Brazil. Brazilian President Bossonaro hosted the meeting. Chinese President Xi Jinping, Russian President Putin, Indian Prime Minister Modi, and South African President Rama Fosa attended the meeting. Xi Jinping delivered an important speech entitled "Working Together and Working Together to Collaborate on a New Chapter". Xinhua News Agency reporter Li Xueren photo

Xi Jinping delivered an important speech entitled "Working Together and Working Together to Collaborate on a New Chapter", stressing that the BRICS countries should demonstrate their due responsibilities, advocate and practice multilateralism, and create a peaceful and stable security environment; grasp the opportunities of reform and innovation, and deepen Promote the BRIC countries' new industrial revolution partnership; promote mutual learning and mutual learning, and continuously expand the breadth and depth of humanities exchanges. China will continue to expand its opening up to the outside world, promote the "One Belt, One Road" for high-quality and joint efforts, and strive to build a community of destiny and human destiny in the Asia-Pacific region.

Xi Jinping pointed out that this meeting was held at a crucial moment in the development of the world economy and the evolution of the international structure. The new technological revolution and industrial transformation are in the ascendant. The rise of emerging market countries and developing countries is irreversible, injecting strong momentum into the reform of the global economic governance system. What is worrying is that protectionism and unilateralism have intensified, governance deficits, development deficits, and trust deficits have increased. The uncertainties in the world economy have risen markedly. In the face of a major change in the past 100 years, the BRICS countries should follow the trend of the times, respond to the voices of the people, show their due responsibilities, and remain determined in the pursuit of development. In the process of unity and cooperation, we will work together for the sake of the people. Develop for the world.

First, create a peaceful and stable security environment. We should aim at safeguarding world peace and promoting common development, safeguarding fairness and justice, promoting mutual benefit and win-win results, and advocating and practicing multilateralism based on international law and recognized basic principles of international relations. It is necessary to uphold the purposes and principles of the UN Charter, safeguard the international system with the UN as the core, oppose hegemonism and power politics, and constructively participate in the geopolitical hotspot problem solving process. Close strategic communication and collaboration, issuing a common voice of the BRICS, and promoting the international order to develop in a more just and rational direction.

Second, seek the development prospects of open innovation. We should further promote the BRICS new industrial revolution partnership, and continuously build cooperation results in the fields of trade and investment, digital economy, and interconnection, and strive to achieve high-quality development. Actively advocate the joint development of a shared global governance concept and promote the transformation of the global economic governance system. Resolutely oppose protectionism, safeguard the multilateral trading system with the World Trade Organization as the core, and enhance the voice and influence of emerging market countries and developing countries in international affairs. Promote the development of the issue at the core of the global macro-policy framework, firmly implement the UN 2030 Agenda for Sustainable Development and the Paris Agreement on Climate Change, and achieve coordinated development in the economic, social and environmental fields.

Third, promote humanities exchanges between each other. The breadth and depth of humanities exchanges should be continuously expanded. With the "BRIC +" cooperation as a platform, we will strengthen exchanges and dialogues with different civilizations and different countries, so that the circle of friends of BRIC is getting bigger and bigger, and the network of partners is getting wider and wider.

Xi Jinping emphasized that China will continue to expand opening up, increase imports of goods and services, expand access to foreign markets, strengthen intellectual property protection, and form a new pattern of comprehensive opening up in all directions, at multiple levels and in a wide range. China will follow the principle of joint construction and sharing, uphold the concept of open green and clean, and promote the "One Belt, One Road" for high quality and joint construction. China will continue to pursue an independent foreign policy of peace, always follow the path of peaceful development, commit itself to building a closer community of fate between China and Africa, build a community of China and Latin America, and build an open, inclusive, innovative growth, interconnected, The Asia-Pacific destiny community, which is a win-win cooperation, is constantly moving toward the goal of building a new type of international relations and building a community of human destiny.



On November 14, local time, the eleventh meeting of BRICS leaders was held in Brasilia, the capital of Brazil. Brazilian President Bossonaro hosted the meeting. Chinese President Xi Jinping, Russian President Putin, Indian Prime Minister Modi, and South African President Rama Fosa attended the meeting. This is a group photo of the leaders of the five countries. Xinhua News Agency reporter Xie Huanchi photo

On the same day, the leaders of the BRICS countries held a closed meeting, and Xi Jinping delivered an important speech at the meeting. Xi Jinping emphasized that the BRICS countries are united and cooperated with the development of human society and the evolution of the international pattern. It seems to be accidental, but it is historically inevitable. The growth and development of the BRICS countries has driven the speed, breadth and depth of the adjustment of the international pattern and is fundamentally changing the world political and economic landscape. No country is born to be the leader, and no model is destined to be superior. In the era of globalization, it should not be that some people oppose another group of people, but should be all the blessings of all. The core point of promoting multilateralism is that international affairs should be discussed by all, and cannot be decided by one country or a few countries. China supports the necessary reforms of the World Trade Organization and adheres to the core values and basic principles of the World Trade Organization, including the "special and differential treatment" that developing countries should enjoy. Xi Jinping pointed out that to achieve development and prosperity, we must first maintain stability. The turmoil in many developing countries and regions has contributed to external interventions. The BRICS countries should be vigilant, strengthen strategic communication, cooperate to cope with risk challenges, and resolutely safeguard national sovereignty, security, and development interests. The BRICS countries should enhance their sense of mission and urgency, promote cooperation in various fields, and open up a brighter future for the people of the five countries, for the vast number of emerging market countries and developing countries, for world peace and development.

Bosonaro, Putin, Modi, and Rama Fossa said that the uncertainties in the current situation are rising, and protectionism and unilateralism are on the rise, posing a threat to the sovereignty and security of all countries. In the spirit of strategic partnership, the BRICS countries should strengthen communication and cooperation, safeguard the purposes and principles of the UN Charter, safeguard the international order based on international law, safeguard a fair, transparent and open multilateral trading system, and defend emerging market countries and developing countries. mutual benefit. It is necessary to support countries to choose their own development path, respect each other's sovereignty, oppose foreign interference, safeguard the sovereignty, security, and development interests of their respective countries, commit themselves to resolve disputes through dialogue, and play a greater role in maintaining international strategic security and stability. Countries should adopt more facilitation measures to expand mutual trade and investment, strengthen cooperation in areas such as scientific and technological innovation, digital economy, energy, finance, interconnection, and biodiversity conservation, and strengthen humanities exchanges.

The leaders of the five countries agreed to work together to strengthen the BRICS cooperation mechanism and achieve common development and prosperity.

The meeting issued the "Brazil Declaration of the Eleventh Meeting of the BRICS Leaders".

Ding Xuexiang, Yang Jiechi, Wang Yi, He Lifeng, etc. attended the meeting.



WeChat scans QR code and pays attention to Xinhuanet

 

[Xisiqomelir]

Well, this point, where people attempt to abandon the dollar, is usually where Americans try to fuck with them (see Saddam Hussein, Noriega, Khomeini, etc)

I don't this bloc can be bullied in the same way though, most of them have nukes!

 

[Leongsam]

My favorite payment method is the hawala system. It has saved me a pile of bank commissions.