30 Countries Ready To Enter BRICS After 2024 Summit
Several developing countries are relying on the BRICS alliance to get rid of their economies’ dependency on the US dollar. Developing nations in Asia, Africa, South America, and Eastern Europe are impressed with the BRICS de-dollarization agenda and find it lucrative. The majority of these nations are aiming to join the BRICS bloc after the summit in October 2024. Also Read: BRICS: Russia Dumps $4.5 Billion in U.S. Bonds Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. Ending dependency on the US dollar will provide an opportunity to strengthen their native economies and give local currencies a boost. Therefore, the 2024 summit is the most crucial for BRICS and the prospects of the de-dollarization initiative. Also Read: BRICS: 73 Central Banks Buy US Dollar, Ditch Chinese Yuan BRICS: Around 30 Countries Looking To Join the Alliance After 2024 Summit Source: Getty Images The Ambassador of Russia and ...