Just like that… BRICS is dead.#BREKAING — The Kremlin drafted an internal document proposing a wide-ranging economic partnership with the Trump administration that would see Russia return to using the US dollar for international transactions. The high-level memo outlined seven areas where Russian and US economic interests could align following a potential deal to end the war in Ukraine:The first involves long-term aviation contracts to modernize Russia’s aging fleet of aircraft, along with potential US participation in Russian manufacturing. The second proposes joint oil and LNG ventures, including offshore and hard-to-recover reserves, which would allow American firms to recover past losses from their previous investments in Russia.The third area offers preferential conditions for US companies to return to the Russian consumer market, while the fourth suggests cooperation on nuclear energy, including for AI ventures. At the heart of the proposal is the fifth point: Russia’s return to the dollar settlement system, potentially including for Russian energy transactions. The sixth area focuses on cooperation on raw materials such as lithium, copper, nickel and platinum. Finally, the seventh point proposes working together to promote fossil fuels as an alternative to climate-friendly policies that favor China and Europe.ReTWEET
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