BRICS investment program suggested by Putin will not be SWIFT alternative — Kremlin

2024-10-25 / Новости

Pokesman Dmitry Peskov told the Rossiyskaya Gazeta news outlet.

"It will promote the investing activity in countries with the growing economy, with the use of electronic instruments," Peskov said. "But all that is in no way offered as an alternative to SWIFT and something else," he added.

Putin proposed earlier at the BRICS Summit to create a new investment platform to support national economies and countries of the Global South and East.

Origin: https://tass.com/economy/1860797