On Tuesday, October 22, within the framework of the BRICS summit in Kazan, Russia, the President of the Russian Federation, Vladimir Putin, met with the president of the New BRICS Development Bank (NBD BRICS), Dilma Rouseff, to discuss financial issues and future projects. teleSUR
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00:00In Russia, the host president of the BRICS summit, Vladimir Putin, met on Tuesday morning
00:04with the president of the New Development Bank, Dilma Rousseff.
00:07The Russian head of state assured that the increase of transactions in local currency
00:11allows to reduce commissions for debt servicing, increasing the financial independence of member
00:16countries.
00:17For her part, Rousseff, as president of the financial entity, assured that the BRICS will
00:21be able to include other countries of the Global South in the funding plans.
00:25These talks aim to de-dolarize and ponder that the group's plans also contribute to
00:31minimize geopolitical risks.