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BRICS is rapidly distancing itself from Western financial supremacy by developing a transformative payment system that may soon include non-member countries, thereby posing a challenge to SWIFT's global influence. Russian Foreign Minister Sergey Lavrov said that nations outside the BRICS coalition could soon take advantage of the alternative financial systems being considered by the group. But we must find out how the BRICS payment system will help non-Western countries with cross-border payments without any hassle? How will BRICS Pay help de-dollarization? How is the regional interoperability of the national payment systems of BRICS countries already de-dollarized? Why does BRICS not want to use the SWIFT banking system, which is already available for international trade? Why don't countries want to use the US dollar for international trade and reduce reserves? Will the alternative payment system from BRICS affect the United States and the US dollar? How much time will the BRICS payment system take to come into effect? ---------------------------------------------------------------------------------------------------------------------- Enjoyed the video? Comment below! 💬 and hit the like button! 👍 Kindly SUBSCRIBE to the Channel and Press the Bell icon: / @narviacademy Follow NaRvi Academy on social media: Facebook: / narviacademy.in Instagram: / narviacademy ----------------------------------------------------------------------------------------------------------------------- #brics #russia #bricspay #brics2025