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BRICS de-dollarisation strategy & its global implications

25 Oct '24
9 min read
BRICS de-dollarisation strategy & its global implications
BRICS+ leaders at 16th BRICS Summit at Kazan Expo Center in Russia on October 23, 2024. Pic: PIB

Insights

  • BRICS now faces challenges as its geopolitical stance overshadows economic integration.
  • Its ** per cent global GDP share and ** per cent trade presence rival the G*.
  • Even with intra-BRICS trade growth, China's dominance, sanctions on Russia and Iran, and ideological rifts hinder unity.
  • This article delves into how geopolitical tensions affect BRICS unity and goals.

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