Yuliya Abukhovich, an economic expert and senior researcher at Giprosvyaz, assessed the prospects of creating a unified BRICS financial system in an interview with BelTA.
“The West's relations with the rest of the world in the financial field have recently turned into hostilities: it has confiscated interest income from the frozen assets of the Central Bank of Russia, threatens secondary sanctions against anyone who settles accounts with us, and has generally turned the financial system into a weapon. This is deeply troubling in the non-Western world, and a growing number of states are interested in alternative, non-U.S. dollar payment mechanisms. The Kazan declaration [following the BRICS summit] is carefully worded: it does not reject the Western world, it recognizes the important role of the existing international financial organizations, and it carefully mentions the need to reform the Bretton Woods system. Even representatives of Russia, one of the states most determined to dedollarize, specifically emphasized that nothing parallel to SWIFT will be developed,” Yuliya Abukhovich said.
Today, more than 60% of mutual settlements between the BRICS member states are made in national currencies. “Thus, there is a basis for the formation of an alternative financial and settlement reality - the development of a system of mutual settlements in currencies other than U.S. dollars. Not everyone, however, is ready for a revolutionary change of the usual international financial pattern. The possible introduction of a new “synthetic” BRICS currency is unlikely, as it does not correspond to the interests of China, whose currency now occupies the largest share in settlements in national currencies. At the same time, some countries are afraid of becoming dependent on China if the Chinese yuan becomes the main settlement and reserve currency after they abandon the U.S. dollar. India is generally against de-dollarization,” the expert said.
“On the whole, BRICS achievements in the field of finance and investment are still modest. The mechanism for ensuring mutual settlements of its participants will apparently be based on the opening of swap lines in national currencies by the two central banks with the focus on their exchange rates against the U.S. dollar. In a slightly more distant perspective (this may happen sooner than expected, as processes in the world have been moving very fast recently), BRICS will have a platform for cross-border payments using the central banks' digital currencies. At the summit in Kazan, the Russian president proposed the development of a BRICS Bridge system based on technology comparable to mBridge, being developed by the Bank for International Settlements together with the central banks of China, Hong Kong, UAE and Thailand since 2017. The readiness of this payment system for settlements in digital yuan was announced last year,” Yuliya Abukhovich added.
Answer:
Dear Shivendu Paul and Metali Listeners' Club,
dthank you for your comment! We'll send you some of our souvenirs ASAP.
Stay tuned and 73,
RBI
Hallo Radio Belarus,
ja der Dieter Leupold ist jetzt auch hier im Gästebuch vertreten... Super, bald sind wir alle zusammen hier im "Belarus Hörerclub", Dieter könnte 1.Vorsitzender werden und Jana und Elena Ehrernmitglieder, Helmut Matt Schriftführer, Alfred Albrecht Beisitzer und ich mache Hausmeister:-) Lutz Winkler wie fit bist Du bereits wieder, für Dich finden wir auch eine nette Aufgabe:-) Beste Grüße und ein schönes Wochenende.
Dietmar
Answer:
Lieber Dietmar,
das stimmt, für alle finden wir im Hörerklub eine Aufgabe!:)
Liebe Grüße und einen guten Start in die Woche!
Адказ:
Дзякуй за водгук!
Hallo Jana und Jelena,
Höre gerade den tollen Song 10:45 min ( Hörerbriefkasten) Was ist das für ein traditionelles Instrument im Soloteil, klingt etwas wie ein Dudelsack, aber der ist ja in Schottland:-)
LG
Dietmar Wolf
Адказ:
Lieber Dietmar,
das ist wirklich ein Dudelsack :) In Belarus wird es aber Dudá genannt. Eigentlich ist Duda ein belarussisches traditionelles Musikinstrument. Übrigens gibt es viele Arten und Formen von Dudelsack in verschiedenen Kulturen und Ländern von Südamerica bis Indien.
PS: das Lied ist Каляда На Балоце von Тутэйшая Шляхта. ;)
Beste Grüße
Dear sir
How are you. I am rasheed from Pakistan. I am listners of radio Belarus. All programe is informative & intersting. I am intersting in history & culture. Thanks. Please send me some datiles about radio.
Muhammad RASHEED KHAN
PAKISTAN
Адказ:
Dear Muhammad Rasheed Khan, thank you very much for listening to RBI! We'll send you a parcel via regular mail as soon as possible.
Stay tuned and 73!
RBI
Добрый день! Прошу уточнить, что за песня играла в субботу 29.09.2018 в период с 14.00 до 16.00 со словами "Маша Маруся...в Беларуси". Буду очень признательна за ответ.
Елена
Адказ:
Добрый день, Елена!
Интересующая вас музыкальная композиция - песня "Маня-Маруся", которую исполняет ансамбль "Сябры" (вокал: Валерий Рязанов)!
Спасибо, что Вы с нами!
Вiтаю радыё Беларусь! Я з`яуляюся сталым слухачом Вашай радыёстанцыi. Вельмi падабаюцца перадачы на замежных мовах, якiя даюць магчымасць не толькi даведацца, што адбываецца ў Беларусi i за яе межамi, але ж i ўдасканалiць веды ангельскай, нямецкай, французскай моваў, праслухаўшы перадачы. Хацелася б даведацца, цi плануе радыёстанцыя вяшчанне на FM у Мiнску, бо ў заходнiх рэгiёнах Беларусi радыёстанцыя на FM працуе. У шматнацыянальным Мiнску жыве шмат замежных грамадзян, таксама прыязджаюць турысты, якiя б маглi даведацца пра тое, што аббываецца ў краiне i за яе межамi праз радыё Беларусь. На сёння ў Мiнску няма нiводнай англамоўнай цi iншамоўнай радыёстанцыi. З павагай, ваш слухач Сяргей.
Адказ:
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