BRICS summit 2024 for held in Kazan, Russia and it was attended by world leaders like Vladimir Putin, Narendra Modi, Xi Jinping and many other countries head. India held bilateral talks with China after 5 years. Vladimir Putin stressed about trading in local currency in international trade and de-dollarisation to bring down the dominance of dollar. A new payment system was proposed in the summit which will be similar to that of SWIFT payment system.
0:00 - Demonetisation
2:04 - Understanding BRICS
3:33 - BRICS currency
5:19 - Birth of Petro dollar
10:25 - New currency
12:14 - BRICS currency
13:56 - India's stand
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