BRICS announced the creation of an analogue of SWIFT

The issue of creating an analogue of SWIFT in the BRICS countries has been discussed for several days. It is expected that a financial system will be introduced to allow members of the organization to exchange financial data among themselves.

— Chinese Consul General Zhang Meifang.

In March, it was reported that BRICS had begun creating a blockchain-based payment system. It is emphasized that the main task will be to make it convenient for governments, ordinary people and businesses. However, the project must also be economically beneficial and free from politics. #Brics

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