BRICS to Form Parliament to Oversee Alliance & De-Dollarization
JUST IN: 🇷🇺 Russian President Putin announces BRICS will form its own parliament.
"BRICS doesn't have [an] institutionalized parliamentary structure yet, but I believe that this idea will definitely be implemented in the future in the future." pic.twitter.com/dHWSALBaWN
— BRICS News (@BRICSinfo) July 11, 2024
- BRICS to Form Parliament to Oversee Alliance & De-Dollarization
by Joshua Ramos, https://watcher.guru/news/
As it continues to grow and expand its functions, the BRICS bloc has announced plans to form its very own parliament. Indeed, the entity would oversee the alliance, and its functions, and facilitate continued work on its most important projects, such as its ongoing de-dollarization initiatives.
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The plan was announced in a recent statement from Russian President Vladimir Putin. Speaking this week, Putin said the bloc “doesn’t have [an] institutionalized parliamentary structure yet, but I believe this idea will be implemented in the future.”
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BRICS to Develop Parliamentary Structure
Since its 2023 summit, the BRICS bloc has seen tremendous growth take place. Not only has it introduced four new members, but it has set off to create monumental economic and political instruments to strengthen its position in global affairs. The next phase of that has now been announced.
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Russian President Vladimir Putin has revealed that BRICS is set to form a parliament that oversees the alliance. Moreover, it will likely be critical to the grouping’s de-dollarization work. Speaking at a BRICS forum, Putin said he is “confident” the collective will “facilitate the process.”
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