MILES AXLE Translation. Region: Russian Federation –
Source: Central Bank of Russia –
At a meeting in Moscow, the Chairman of the Bank of Russia Elvira Nabiullina and the Minister of Finance of the Russian Federation Anton Siluanov summed up the results of the Russian presidency of BRICS in terms of central banks and finance ministries.
The meeting participants adopted a statement on key areas of joint work:
BRICS Contingent Reserve Pool and development of macroeconomic information exchange; cooperation in the payment sector; development of the BRICS channel in the field of information security; interaction in the settlement and depository sector; joint research in the field of transitional financing and financial technologies; conducting training events and seminars with the central banks of the BRICS countries.
The central bankers noted the successes achieved this year in integrating new BRICS members into the financial track. The BRICS representatives stressed the importance of the Bank of Russia’s initiative on joint central bank cyber exercises and supported their implementation every year.
Elvira Nabiullina thanked the central banks of the BRICS countries for their joint work within the framework of the Russian presidency and expressed support for Brazil’s presidency in 2025.
Preview photo: Roscongress
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Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.