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It's not just about threat of sanctions .. it also because of the US manipulating dollar value and flow for their own internal reasons.Gora govts see it with moderate concern because of the very real threat of some "brics currency" or more realistically, the Chinese Yuan supplanting the USD as the "global currency", mostly thanks to their recent stunts of grabbing Russian sovereign assets.
The other threat is non-Western controlled payment systems being developed as an alternative to the current SWIFT, once again booting Russia from SWIFT
None of the countries will accept the Chinese yuan most African nations will also keep away from yuan as they have first hand experience of Chinese debt traps. The other nations don't have much economy, heck the BRICS group does not even have a secretary like that of G7 for an organisation that is formed in 2009 they cannot even elect a secretary who would take it seriously.
You see mate, it wasn't Indians who broke out the news, it was some foreign source.Nah man I am Indian , i am just getting irritated recently with all the Twitter shit going on. Most Indians spread fake news without fact checking like India kicking turkey out. And gets bashed out by other communities. Sorry for the rant in the previous post.
Careful with the regionalism.Frankly nobody gives a fuck to the BRICS it's just all hype by ruskies and uneducated chest thumping north Indians
Mod Edit: Regionalism against fellow citizens isn't allowed. Warning point(s) issued.
Frankly nobody gives a fuck to the BRICS it's just all hype by ruskies and uneducated chest thumping north Indians
Mod Edit: Regionalism against fellow citizens isn't allowed. Warning point(s) issued.
Call it my personality then. If someone wants something from me and doesnt take no for an answer, i always did the inverse of the godfather quote and it worked so far : make them an offer they cant accept.No need to give either any hope of ever being in BRICS. Not that Chinese really care. Similar to how India never joined NSG because China blocked all attempts. Pakis don’t have anything of value or add anything they can forget this pipe dream.