[Peace-discuss] RT: "Russia and India no longer need US dollar – BRICS president"

[J.B. Nicholson]

 From https://www.rt.com/business/561513-russia-india-dont-need-dollar/
> Russia and India don’t need the US dollar in trade, having turned to national
> currencies to conduct mutual settlements, BRICS International Forum President
> Purnima Anand told reporters on Thursday.
> 
> “We have implemented the mechanism of mutual settlements in rubles and rupees, and
> there is no need for our countries to use the dollar in mutual settlements. And
> today a similar mechanism of mutual settlements in rubles and yuan is being
> developed by China,” she said.
> 
> “That means that the BRICS countries are opening up to Russia, offering the
> opportunity for the country to overcome the consequences of sanctions,” Anand
> added, as quoted by RIA news agency.
> 
> The BRICS president said mutual trade between India and Russia had grown fivefold
> over the past 40 years. Moscow supplies a rapidly growing volume of oil to India,
> and in return gets large quantities of agricultural products, textiles, medicines
> and other products.
> 
> Anand also noted that New Delhi considers itself a neutral party in the current
> sanctions war between the West and Russia, and despite sanctions pressure, will
> continue cooperation with Moscow “in any areas where necessary.”
> 
> “When Russia’s military operation in Ukraine began, naturally there was pressure
> on India to stop importing Russian oil. But the Ministry of Foreign Affairs had to
> reject this pressure. The Russian side was assured that supplies would not be
> stopped and the sanctions regime would in no way affect the relationship between
> our countries,” the forum head stressed.
> 
> BRICS an international socio-economic and political forum incorporating five
> member nations: Brazil, Russia, India, China and South Africa.