BRICS Business Forum: India calls for an unified digital payments among BRICS nations to reduce trade friction

Commerce and Industry Minister Piyush Goyal on Thursday pitched for a unified interlinked digital payment mechanism among BRICS nations settled to minimise trade friction, open up critical supply chains, and enable seamless movement of skilled professionals.

Speaking at the BRICS Business Forum on Friday, Goyal said, “I would urge the international trustees and partner countries to link our payment systems, trade in each other’s local currencies, make digital trade global, and build together for the future emerging technologies.

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