Financial Settlements Within the BRICS Framework: Moving Forward, Despite Problems
... also likely. Among the new members of the Association, the interested parties include Iran, which has been under US sanctions for more than 40 years and is effectively excluded from the world of global... ... finance, with its dominance of dollar payments. The remaining countries which were in BRICS prior to this year (India, Brazil and South Africa), and most of the new ones... ... the event of the further intensification of competition between the United States and China, in the event of a collapse of the existing system, or in the event of a deterioration...