“The irreversible and objective process of de-dollarization is gaining momentum,” stressed the head of state.
According to him, the BRICS countries are developing effective monetary and financial settlement and control mechanisms, which is why the dollar’s participation in transactions between the members of the union is less and less.
Therefore, Putin noted, last year it amounted to only 28.7%.
The president added that over the past decade, BRICS members’ investments in each other have increased sixfold and their investments in the global economy have doubled.
