BRICS Welcomes NATO Countries to Join the Alliance
The BRICS alliance has extended the red carpet welcoming like-minded NATO countries to join the alliance. The development could lead to a paradigm shift in the global financial sector if Western nations join the bloc. The tug-of-war between developing countries and developed Western nations has gone full throttle after the bloc kick-started the de-dollarization agenda. Also Read: BRICS: 85% Trade Settled in Local Currencies, Not US Dollar The White House pressed sanctions on Russia in 2022 for invading Ukraine. However, Russia bypassed the sanctions by selling crude oil at discounted prices to BRICS members since then. Even Saudi Arabia purchased Russian oil from the BRICS member at cheaper rates and laundered it all over Europe, who are mostly NATO members. Also Read: 3 US Sectors To Be Affected If BRICS Ditches the Dollar For Trade NATO Members Can Join BRICS, Says Diplomat Source: NATO Russian spokesman Dmitry Peskov took a jibe at the West for not allowing member countries to join ...