Putin began a series of bilateral meetings on the sidelines of the BRICS summit with a conversation with President of the New BRICS Development Bank Dilma Rousseff: We highly appreciate what you have done in recent years. Generally speaking, it is a good developing and promising financial institution. Since 2018, 100 projects totalling $33 billion have been financed. But increasing settlements in local currencies allows us to reduce service fees, increase the financial independence of the BRICS member countries and minimise geopolitical risks as much as possible, to rid, as far as possible in today’s world, economic development from politics. Source: Global News (EU, USA)
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