B

Baroness Kramer (LD)

Speaking in the House of Lords on 4 February 2025

Debate

UK–China Economic and Financial Strategy Dialogue

Contribution

My Lords, could the Minister tell us whether the dialogue included a discussion of BRICS Pay? This is the alternate payment system that the BRICS countries have created in order to be able to move away from SWIFT. Obviously, it assists sanctions- busting, and it potentially destabilises the global financial system. What discussions were held on BRICS Pay?

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