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Can BRICS challenge the US and its allies?

Mr. Navabi, Media Consultant and Expert on BRICS Issues

Currently, most of the US sanctions are aimed at Iran due to its missile and nuclear programs. BRICS is trying to eliminate the dominance of the US and the West over the world economy and take over a part of the world economy. Because due to severe sanctions in the field of banking and currency exchanges, the return of money was difficult. For example, China, one of the BRICS member countries, will gradually take the place of the US in the economic field.

Currently, three countries – Russia, Brazil and South Africa – are using the new credit card to make transactions. Establishing a common currency requires infrastructure and common banks, and Russia is already setting up common banks.

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