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China's BRICS Sherpa notes necessity of using national currencies in mutual payments

It is necessary to strengthen practical partnership within the integration, Ma Zhaoxu noted

MOSCOW, January 30. /TASS/. Beijing considers it necessary to use national currencies in payments between BRICS member states, China's BRICS Sherpa and Vice Foreign Minister Ma Zhaoxu said.

"We should execute the instructions of BRICS countries’ leaders, facilitate the promotion of economic cooperation, use local currencies and payment systems in mutual settlements," he said at the meeting of Sherpas and sous-Sherpas of BRICS countries as part of Russia’s chairmanship.

It is necessary to strengthen practical partnership within the integration, Ma Zhaoxu noted. "We should ensure friendship, mutual understanding of all peoples. We should also strengthen our practical partnership, we should develop active efforts and facilitate the spread of BRICS New Development Bank," he said.

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