BRICS Intra-bank Payment System Launched: What next? 7-7-2024
BRICS Intra-bank Payment System Launched: What next?
-
PUSHING RUSSIA OUT OF THE SWIFT FINANCIAL SYSTEM FORCED THIS TO HAPPEN
-
SWIFT MOVE U.S. GOV
-
(One would think the U.S. Government itself is Intentionally Leading the World Towards De-Dollarization)
-
41,893 views July 7, 2024
Fastepo
-
Russia and Iran, as two BRICS members, have finalized the integration of their national payment systems, a significant step toward enhancing their economic cooperation and circumventing U.S. sanctions. The heads of the central banks from both nations have been working closely to link Iran's SEPAM system with Russia's System for Transfer of Financial Messages (SPFS).
-
This integration will allow the two countries to conduct trade and financial transactions using their national currencies, the ruble and rial, reducing their reliance on the U.S. dollar and the Western-dominated SWIFT system. The new system will enable Iranian and Russian banks to issue and accept each other's bank cards, facilitating smoother transactions for businesses and individuals in both countries.
-
***This move is seen as a strategic effort by both nations to mitigate the impact of international sanctions and strengthen their economic ties.***
-
Russia, heavily sanctioned due to its invasion of Ukraine, and Iran, facing long-standing sanctions related to its nuclear program and other issues, are increasingly collaborating to build financial infrastructure independent of Western influence.
-
The first trade transactions using this new system have already taken place, and both countries are optimistic about the potential to significantly increase their annual bilateral trade, aiming to double it from $4 billion to $8 billion. This integration is part of a broader effort to create a more resilient and self-sufficient economic partnership between Russia and Iran, further solidifying their alliance against Western economic pressures.
-
FAIR USE FOR EDUCATIONAL PURPOSES
-
Mirrored From:
https://www.youtube.com/@fastepo
-
1:28:12
Kim Iversen
7 hours agoCensored Historian Reveals the Dark Truths Behind America's Greatest Figures and Events
39.4K46 -
5:13:52
Nerdrotic
9 hours agoWhy Acolyte FAILED | Rings of Power FLOPS | RIP ASOIAF - Friday Night Tights 318 Critical Drinker
121K38 -
2:21:57
Talk Nerdy 2 Us
16 hours agoCigars, Censorship & Conspiracy: IT News:Trump’s Government Audit, and Martial Law Rumors!
13.6K1 -
LIVE
I_Came_With_Fire_Podcast
9 hours agoLive Fire (No Exercise)
2,474 watching -
LIVE
Total Horse Channel
11 hours agoAustralia Barrel Horse Association | National Finals | 10:00 pm EST
580 watching -
1:16:51
Man in America
10 hours ago🔴 LIVE: MAJOR Event Unfolding in NYC—Leaked Military Docs Warn of IMMINENT THREAT
36.7K70 -
2:25:21
Slightly Offensive
8 hours agoHUGE COVID Wave Predicted Pre-Election.. Lockdowns INCOMING? | Guest: Adam Johnson aka Lectern Guy
38.9K22 -
2:01:35
Flyover Conservatives
1 day agoJOEL LAMBERT | Deep Dive: A Navy SEAL’s Bug-In Guide: How to Turn Your House into the Safest Place on Earth
39.9K4 -
54:59
LFA TV
21 hours agoJoebama’s DOJ Launches Another Massive Election Interference Campaign | Trumpet Daily 9.6.24 9PM EST
27.7K9 -
14:21
PISANITY
9 hours agoI Got Pulled Over with 50 Kilos (of weights)
34.6K4