Russian Foreign Minister Sergey Lavrov arrived in India for key BRICS meetings as discussions intensify over reducing global dependence on the U.S. dollar. The visit comes amid growing calls from BRICS nations to expand trade in local currencies and reshape parts of the international financial system.
Analysts say the bloc is increasingly seeking alternatives to dollar-dominated transactions amid rising geopolitical tensions and sanctions pressures. Lavrov’s meetings in India are expected to focus on economic cooperation, strategic partnerships, and efforts to strengthen BRICS influence in global markets and institutions.
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