De-dollarization: BRICS and ASEAN to Ditch US dollar
4 days ago
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The relationship between ASEAN and BRICS is marked by increasing economic cooperation, trade, and mutual investment. Both blocs are seeking to strengthen their economic ties and reduce their reliance on Western economic systems, particularly the US dollar. The strong and ever-growing trade partnership between ASEAN and BRICS has not gone unnoticed by the U.S. In response, the U.S. has been working to increase its influence in the region to counterbalance ASEAN's cooperation with BRICS. In this video, we explore the trade dynamics between ASEAN and BRICS, their evolving relationship, and the U.S.'s efforts to maintain its influence in the region
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