The sixth BRICS International Municipal Forum was held in Moscow, gathering leaders from over 120 countries to discuss priority issues of global development.
Main Topics of the Forum
The forum allowed participants to discuss a number of pressing issues such as healthcare, transport, science and technology, education, and more. Emerging trends like AI, smart cities, IoT, and climate change were also on the agenda.
Significance of De-dollarisation
One of the main topics was the movement for de-dollarisation. BRICS countries aim to reduce reliance on the US dollar in global finance. Russia plays a particularly active role in this movement, endeavoring to create a crypto-based system to circumvent sanctions.
Role of Cryptocurrencies in the Future
Many BRICS countries are considering possible ways to legalize cryptocurrencies for international payments. Russia and China show particular interest in this direction, which could significantly change the global financial system.
The forum provided an opportunity for participants to strengthen ties and discuss important global issues, highlighting the growing role of BRICS on the international stage.
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