Russia proposes new payment system for BRICS nations.Russia is urging BRICS countries to collaborate on the development of a new cross-border payments system. The proposal aims to reduce dependence on existing global financial platforms and promote financial equality among member nations. The system would enable faster, cheaper, and more secure transactions, enhancing economic integration and strengthening ties among BRICS countries. By establishing a sovereign payment system, BRICS members could bypass traditional financial intermediaries, potentially mitigating the impact of economic sanctions. This initiative reflects Russia's commitment to foster international cooperation and challenge the dominance of Western-dominated financial institutions. The collaboration presents an opportunity for BRICS nations to exert greater control over their financial transactions and assert their influence on the global stage.0 https://redrobot.online/2024/10/russia-calls-on-brics-countries-to-create-new-cross-border-payments-system-2/