Indian External Affairs Minister S. Jaishankar noted that BRICS does not have a collective stance on de-dollarisation. He affirmed India’s goal to internationalise the rupee, promoting its use globally. Jaishankar emphasized cooperation with the US, asserting that India does not seek to replace the dollar but values strong ties for economic stability.
In recent statements, Indian External Affairs Minister S. Jaishankar has addressed misconceptions surrounding the BRICS nations and their stance on de-dollarisation. He clarified that there is no unified position among BRICS members regarding an alternative currency to the US dollar, citing the diverse perspectives within the group comprised of ten nations including India, Brazil, and Russia.
In conclusion, India’s approach signifies a commitment to expanding the global acceptance of the rupee while maintaining amicable relations with the United States. Jaishankar’s remarks highlight India’s intent to foster economic cooperation and emphasize that it does not envision undermining the US dollar’s influence. The nation aims to pursue its economic interests in a multipolar world.
Original Source: m.economictimes.com
