Cuban President Miguel Diaz-Canel says the financial coalition generally known as BRICS might carry an finish to the present world order dominated by the USA.
In a brand new interview with RT, Diaz-Canel says that BRICS gives a method out for nations which can be being pressured into accepting the USA’ hegemonistic insurance policies.
In response to Cuba’s president, nations the world over are lining as much as be a part of BRICS because the financial bloc is on a mission to combine the economies of growing nations.
“So what’s the different supplied by the BRICS discussion board to the hegemonistic coverage pressuring everybody into accepting that worldwide world order?
I believe BRICS gives an excellent different for financial integration, particularly for growing economies and the poorer nations, the so-called ‘third world nations,’ the World South as a result of BRICS stands for multi-polar relations…
BRICS nations stand towards the Chilly Struggle ideology and suggest a extra simply worldwide financial world order based mostly on equality that’s extra useful for all contributors. They advocate treating gamers as actual companions in financial and industrial relations between the nations, as this sort of relationship ensures peace and worldwide safety.”
Diaz-Canel additionally says that members of BRICS are proposing to surrender the US greenback within the context of worldwide commerce. In response to the President, BRICS nations are planning to maneuver away from the greenback to keep away from any potential sanction from the US and its allies.
“A de-dollarization serves as a basis for extra inclusive, for extra mutually useful relations, serving to an enormous group of nations combine their economies… Giving up the US greenback may also help nations keep away from any sanctions imposed by the US or different powers utilizing the US greenback as a result of the USA makes use of its forex to use monetary and financial sanctions.”
Diaz-Canel says the alternatives supplied by BRICS might finally result in a brand new world order, one that’s not managed by the US, the Worldwide Financial Fund (IMF) or the World Financial institution.
“Everybody understands the worth, the prospects and the alternatives in commerce and financial relations that open up once you do issues the BRICS method.
Such an method can step by step result in a good and extra cohesive, inclusive and extra democratic worldwide financial order. Ultimately, it’ll carry peace, better safety and extra alternatives in all areas. After which there shall be no hegemony of the US or the Worldwide Financial Fund or the World Financial institution.”
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