BRICS Expansion Indicates World Tired of US Hegemony – Nicaraguan Top Diplomat
12:05 GMT 29.09.2023 (Updated: 21:59 GMT 29.09.2023)
UNITED NATIONS (Sputnik) Lenka White – The expansion of BRICS indicates that the world is tired of US hegemony and imperialism, Nicaraguan Foreign Affairs Minister Denis Moncada told Sputnik.
“The world is changing, we are transforming, we are truly driving change and it is all part of the new emerging international order. For example, the fact BRICS expanded and added six new members indicates that people around the world are saying: enough of North American imperialism, enough of slavery imposed by European powers. Our peoples and our states want to be free, independent, sovereign and pursue their own policies for the benefit of our population,” Moncada said.
The leaders of Brazil, Russia, India, China, and South Africa agreed last month during the summit in Johannesburg to accept Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates to BRICS. The bloc was created with the goal of uniting the world’s largest developing economies.
Nicaragua along with Russia, China, and Iran are looking for an alternative financial transaction system to SWIFT, Moncada also told Sputnik.
“There is a shift away from the use of the [US] dollar as a currency, which was imposed by the United States. As a result, Russia, China, Iran, and other countries, including Nicaragua, are also looking for ways to replace SWIFT, the hegemonic system of banking relations, with mechanisms that will truly allow us to engage in trade, build financial, banking and other relations,” Moncada said.
According to Moncada, the US “empire” and Europe are obviously in the midst of decline.
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