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Nalezeno "trade bloc": 2

Bolivia’s President Calls on South American Countries to Ditch US Dollar, Bolster Alliances With China and BRICS

6.7.2023
Bolivia’s President Luis Alberto Arce Catacora (Lucho Arce) has urged members and associated states of the Mercosur trade bloc to de-dollarize and establish stronger strategic alliances with international organizations, including the BRICS group. “We are experiencing a crucial moment...

Trade Bloc of Former Soviet States Ditches Dollar in 90% of Settlements

27.5.2023
Trading within a Russia-led regional organization has effectively moved away from the U.S. dollar, according to the deputy head of the Russian government. The use of national currencies in the bloc’s transactions has reached around 90%, the official pointed out. EAEU Replaces Dollar in Trade With...