Ramaphosa said he expects feedback on strengthening of correspondent banking networks between BRICS countries and enabling settlements in local currencies.
Ramaphosa tours Russia : Push for BRICS to end US dollar dominance, enabling settlements in local currencies
On Monday, Ramaphosa travelled to Russia to attend the BRICS Summit, where he will also hold a bilateral meeting with Putin on the sidelines of the summit. President Cyril Ramaphosa attending the virtual 13th BRICS Summit chaired by Prime Minister Narendra Modi of the Republic of India. File Picture: Siyabulela Duda
“E-commerce in particular has great potential to enhance market access and economic growth. We support the call for international rules and standards on issues such as cross-border taxation and data privacy,” said Ramaphosa.“In the midst of an improved economic outlook for South Africa, growth forecasts for the next two years have been revised upwards.
He added that the African continent is actively looking for partnerships that will unlock the dynamism and potential of its 1.3 billion people.
Icc Russia Cyril Ramaphosa Xi Jinping Vladimir Putin Politics Russia Ukraine Conflict
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