Home » Russia Expects BRICS Payment Network to Go Global—SWIFT’s Monopoly Under Threat

Russia Expects BRICS Payment Network to Go Global—SWIFT’s Monopoly Under Threat

by Jennifer Mackenzie



Russia Expects BRICS Payment Network to Go Global—SWIFT's Monopoly Under ThreatBRICS is accelerating its break from Western financial dominance with a game-changing payment system that could soon welcome non-members, challenging SWIFT’s global stronghold. Lavrov Expects BRICS Alternative to SWIFT to Be Open to Non-Members Russian Foreign Minister Sergey Lavrov, addressing journalists in Almaty on April 11 after a Commonwealth of Independent States (CIS) Council of […]



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