Moscow: Despite Trump’s words, work on BRICS financial system will be done.
According to Sputnik, Russian Deputy Foreign Minister Alexander Pankin rejected US President Donald Trump’s threats to BRICS members in a speech on Saturday.
The Russian Deputy Foreign Minister said in this regard: Donald Trump’s recent statements will not have any impact on the process of creating a BRICS financial payment system.
The Russian Deputy Foreign Minister told RIA Novosti: Despite Donald Trump’s statements about imposing 100% tariffs on BRICS members, work will be done to create an independent payment system for BRICS countries.
This comes while Alexander Demin, the head of the State Duma Committee on Small and Medium-sized Enterprises, spoke about the demagoguery of the US president-elect in a speech last Tuesday.
The head of the State Duma Committee on Small and Medium-sized Enterprises said in this regard: Donald Trump’s threats against BRICS members stem from demagoguery. Donald Trump, the winner of the US presidential election,’s words about imposing 100% tariffs on all BRICS countries are demagoguery and are unlikely to be implemented in practice.
Kremlin spokesman Dmitry Peskov previously responded to US President-elect Donald Trump’s threat against BRICS countries, saying that the US’s use of force and sanctions to force countries to use the dollar is counterproductive.
Peskov’s comments came after Trump threatened BRICS countries in a message on social media that he would face 100% tariffs if they eliminated the dollar and created an alternative currency in their transactions!