The development of settlement tools for BRICS member states will proceed despite US President-elect Donald Trump's threats to impose 100% tariffs on the organization, Russian Deputy Foreign Minister Alexander Pankin stated in an interview with Sputnik on Friday.
"This is a calculated platform opportunity. Of course, work on it will continue," Pankin said on the sidelines of the XVII Verona Eurasian Economic Forum in the UAE's emirate of Ras Al Khaimah.
The discussions do not involve a common currency, he clarified.
"It is not the euro, nor is it euro-BRICS or BRICS-euro," the deputy minister specified.
Moreover, Pankin added, Trump's recent statements on the matter could not have influenced the decision-making process.
"That is definitely not the case. I think that the president-elect's statements will change in the future. Not once and not in one direction. Which was typical of his first term," the Russian diplomat said.