BRICS leaders adopt New Delhi Declaration calling for UN Security Council overhaul and local currency trade

BRICS leaders adopted the consensus “New Delhi Declaration” on Saturday, calling for a structural update of the United Nations Security Council and an increased reliance on local currencies for intra-bloc trade instead of the US dollar. Indian Prime Minister Narendra Modi announced the agreement of the consensus document during the group’s summit in New Delhi. [...] The post BRICS leaders adopt New Delhi Declaration calling for UN Security Council overhaul and local currency trade first appeared on Dailynewsegypt .