BRICS is getting down to the grassroots levels of developing countries to help its fights against de-dollarization in 2024. The bloc leaves no stone unturned to challenge the US dollar and promote local currencies in global trade. The nine nations are adding pressure on the US dollar and giving hope to developing nations that local currencies can thrive. Read here to know how many sectors in the US will be affected if BRCS ditches the dollar for trade.
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BRICS 2024 Forum: 200 Mayors, 21 Countries Part of the Delegation
The alliance is now inviting 21 countries to be a part of the BRICS+ Forum in June 2024. The delegation includes local-level leadership such as mayors, deputy mayors, heads of municipal unions, and associations of local authorities from 21 countries. BRICS is aiming to reach out to the grassroots levels and make them a part of the Forum in 2024.
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The BRICS+ Forum is scheduled to take place on June 21, 2024, in the Kazan region of Russia. According to the report, the largest delegation of local leaders will come from China, Iran, India, Brazil, and South Africa. In addition, a delegation of local unions from Chile and Argentina will attend the Forum on behalf of South America.
It is also reported that a delegation of local unions and leaders from Kazakhstan, Uzbekistan, Tajikistan, Belarus, and Azerbaijan will also attend the BRICS+ Forum in 2024. The development indicates that developing countries find the BRICS alliance a lucrative bloc that can help their native economies thrive.
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“About 200 mayors, deputy mayors, heads of municipal unions, and associations of local authorities from 21 countries will come to Kazan to participate in the International Municipal BRICS+ Forum. The forum will be held on June 21, 2024, at Kazan City Hall,” read a press statement.