Uncategorized
South Africa open to the possibility of ‘moving away from the dollar’ – Foreign Minister
Pandor was speaking at a BRICS symposium on Geopolitical tension and South Africa’s role in Cape Town on Tuesday.
The next BRICS Summit will be held in Durban this August.
“Moving away from the dollar is increasingly becoming a discussion – it is less against the dollar and more about empowering other currencies. I have not seen it as a negative discussion,” she says.
“It’s about (if) it’s possible to develop a system in which other currencies may be used for international trade – would it be possible for us to trade in our own currencies as India is doing with the rupee in purchasing oil for example.
“How do-able is that amongst ourselves as BRICS countries, but also taking it broader what would we need to do.
“We will see were that goes but for South Africa we will always have regard to our national interest and our economy, but we will not shy away from the discussion,” said Pandor.
Source: jaracandafm.com
-
Lifestyle2 months ago
Road Safety Authority narrates how buttocks causes road accident
-
GENERAL NEWS2 months ago
Why 15 police officers stormed Owusu Bempah’s church – Kumchacha narrates
-
GENERAL NEWS2 months ago
Watch how Ibrahim Mahama rode Honda superbike to pay last respects to late friend
-
GENERAL NEWS2 months ago
How Offinso residents storm destooled queen mother’s house, demand for new chief
-
South Africa News2 months ago
Woman thrown out of a speeding taxi while on her way to work
-
GENERAL NEWS1 month ago
Deadly clash between youth and navy personnel results in two deaths at Tema Manhean
-
SHOWBIZ KONKONSAH1 month ago
Junior Pope’s Death: Video of John Dumelo refusing to join canoe for movie shoot over safety concerns resurfaces
-
News Africa2 months ago
‘Satanically dubious’ – SCOAN releases statement on BBC’s report about TB Joshua, church