https://sputnikglobe.com/20240929/guinea-bissau-backs-trade-in-national-currencies-supports-brics---foreign-minister-1120339814.html
Guinea-Bissau Backs Trade in National Currencies, Supports BRICS - Foreign Minister
Guinea-Bissau Backs Trade in National Currencies, Supports BRICS - Foreign Minister
Sputnik International
The Foreign Minister of Guinea-Bissau said the country supports trade in national currencies and the economic bloc BRICS.
2024-09-29T03:34+0000
2024-09-29T03:34+0000
2024-09-29T03:34+0000
world
russia
brics
guinea-bissau
kazan
un general assembly
sputnik
dedollarisation
https://cdn1.img.sputnikglobe.com/img/07e8/09/17/1120259882_0:63:3415:1984_1920x0_80_0_0_13bda48b694a92308a6c9caae5fde12b.jpg
"We think that the initiative from BRICS, we support it because we intend to join it," Pereira said on the sidelines of the UN General Assembly in New York. When asked whether Guinea-Bissau would be interested in engaging in bilateral trade using national currencies, Pereira said: "Absolutely." The minister added that despite years of efforts to restructure the international financial system without success, Guinea-Bissau planned to explore new approaches and saw BRICS as an alternative solution. When asked whether Guinea-Bissau had received an invitation to the upcoming BRICS Summit in Kazan, Pereira said "yes."Pereira added that the country would be represented at the event, though it was not yet decided at what level."I don't know, I cannot say it at the moment at what level, but we shall be present," he said.The summit of the association will be held in Kazan from October 22-24.On Thursday, Russian President Vladimir Putin said that Russia's trade partners are interested in switching to national currencies to pay for Russian exports. The president added that Russia and other BRICS countries were working to create their own payment system for independent servicing of trade.BRICS is an intergovernmental organization comprising Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates. Russia took the rotating presidency of the BRICS group in 2024. Russia is chairing BRICS under the motto "Strengthening Multilateralism for Just Global Development and Security."
https://sputnikglobe.com/20240929/guinea-bissau-leader-may-conduct-state-visit-to-russia-this-year---foreign-minister-1120338926.html
russia
guinea-bissau
kazan
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2024
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
News
en_EN
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
what countries want to join brics, guinea-bissau brics, dedollarization
what countries want to join brics, guinea-bissau brics, dedollarization
Guinea-Bissau Backs Trade in National Currencies, Supports BRICS - Foreign Minister
UNITED NATIONS (Sputnik) - Guinea-Bissau is open to exploring bilateral trade in national currencies and supports BRICS, Guinea-Bissau Minister of Foreign Affairs Carlos Pinto Pereira told Sputnik.
"We think that the initiative from BRICS, we support it because we intend to join it," Pereira said on the sidelines of the UN General Assembly in New York.
When asked whether Guinea-Bissau would be interested in engaging in bilateral trade using national currencies, Pereira said: "Absolutely."
The minister added that despite years of efforts to restructure the international financial system without success, Guinea-Bissau planned to explore new approaches and saw BRICS as an alternative solution.
"BRICS for us is an alternative solution," Pereira said. "We hope that with BRICS we can face our economical issues and challenges in a better way, without the pressure and the conditions or the conditionality of actual financial system... we hope it will be an opportunity to have better access to financing, to our economies."
When asked whether Guinea-Bissau had received an invitation to the upcoming BRICS Summit in Kazan, Pereira said "yes."
Pereira added that the country would be represented at the event, though it was not yet decided at what level.
"I don't know, I cannot say it at the moment at what level, but we shall be present," he said.
The summit of the association will be held in Kazan from October 22-24.
On Thursday, Russian President Vladimir Putin said that Russia's trade partners are interested in switching to national currencies to pay for Russian exports.
The president added that Russia and other BRICS countries were working to create their own payment system for independent servicing of trade.
BRICS is an intergovernmental organization comprising Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates. Russia took the rotating presidency of the BRICS group in 2024. Russia is chairing BRICS under the motto "Strengthening Multilateralism for Just Global Development and Security."
