Maseru, Mar. 18 — The major announcement from the BRICS alliance is that the bloc is divided on the global de-dollarization agenda.
The nine-member alliance is seeing divisions as cracks open up from all sides on what the group stands for. While some countries want to launch a new common currency for trade and transactions, others do not.
The breaking up of ideas is causing a split within the group with each country wanting different agendas.
BRICS member India has made it clear that it has no interest in ending reliance on the U.S. dollar and will not pursue the de-dollarization agenda. AT/TL
