India urges BRICS nations to build resilient supply chains and link local currency payments
- India on Friday urged BRICS nations to build resilient supply chains and link payment systems for local currency trade.
- Minister of External Affairs S Jaishankar called for greater self-reliance within BRICS, citing volatility from geopolitical and climate disruptions.
- Commerce minister Piyush Goyal said India's UPI handles over 250 billion transactions yearly, accepted in 11 countries.
- Russia's Maxim Reshetnikov said dollar-euro settlements for its exports fell from 85% to 11% in three years.
Source: hindustantimes.com
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