Piyush GoyalMinistry of Commerce and Industry (India) · GODL-India
Very ImportantEconomyInternational Relations

BRICS nations should link payment systems, trade in local currencies: Piyush Goyal at BRICS Business Forum

Union Commerce Minister Piyush Goyal, speaking at the inaugural session of the BRICS Business Forum 2026, urged member nations to link their payment systems and trade in local currencies. He said BRICS cooperation would create jobs, wealth and prosperity for a grouping that represents about half of the global population and 40% of global GDP.

Nabka Insight

De-dollarisation and BRICS economic integration — a recurring international-economy theme.

Powered by AI

Key facts

  • Union Commerce Minister Piyush Goyal spoke at BRICS Business Forum 2026
  • Called on BRICS to link payment systems and trade in local currencies
  • BRICS represents about half of the global population and 40% of global GDP

Relevant forBanking · SSC · State PSC · UPSC

← Full digest