74 Countries Ready To Attend BRICS Summit In August
The BRICS alliance has sent invitations to 69 countries to be a part of the upcoming summit in Johannesburg, South Africa. If the invitation is accepted, the next BRICS summit will witness one of the largest gatherings of world leaders for one event. The summit will be held in August and the bloc will discuss expansion, among other pressing issues. Also Read: BRICS: Warren Buffet Predicts the Future of the U.S. Dollar The bloc of five nations will also discuss bilateral trade agreements and focus on using local currencies than the U.S. dollar for cross-border transactions. BRICS will initiate dialogues to convince developing countries to end reliance on the U.S. dollar for global trade. A handful of countries from Africa, Asia, and South America and moving towards local currencies for trade than the dollar. Read here to know the total number of countries that want to ditch the U.S. dollar for cross-border remittances. Also Read: BRICS Prohibits Western Countries From Atte...