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HomeChinaUnder Trump’s shadow, Brics takes step towards de-dollarisation

Under Trump’s shadow, Brics takes step towards de-dollarisation

ChinaBy Khushboo RazdanSep 12, 2026, 1:13 PM
Under Trump’s shadow, Brics takes step towards de-dollarisation
NEWS DESKChina
PUBLISHEDSep 12, 2026, 1:13 PM
NEWS BRIEF

What the source reports

Brics countries agreed on Saturday to expand trade and payments in local currencies, making another step towards de-dollarisation as the bloc seeks to counter an assertive United States.

Facing pressure from Washington, the member nations found enough common ground to overcome some of their biggest diplomatic splits. The pledges were part of the “New Delhi Declaration 2026”, adopted unanimously on the opening day of…

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Main source: SCMP

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