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Venezuela defended global de-dollarization in Brics policy

Johannesburg, South Africa, Aug 24 (Prensa Latina) Venezuela expresses itself in favor of the global de-dollarization process in order to overcome barriers imposed by extraterritorial sanctions, declared today the President of that country, Nicolas Maduro, in his speech via videoconference before the 15th Brics Summit.

We join wills -he added- for a new financial architecture that allows us to do our business.

We are convinced that this new world order is already a reality.

The Brics -he stressed- play a fundamental role in the geopolitical dynamics that generates trust among the peoples and governments of Latin America, the Caribbean, Africa and Asia’.

The Venezuelan leader, who defends the importance of this bloc in the transformations of the international scenario, called for speeding up these reforms of the world financial system by supporting de-dollarization.

Definitely -he insisted- union is what makes strength and that unitary force drives a new paradigm of global relations and a new world geopolitics of the 21st century.

The head of state recalled that the Brics group controls 8.7 percent of the world’s oil reserves, 25.2 percent of gas reserves and, in general, contributes 40 percent of the world’s energy and 42 percent of renewable energy.

Maduro also reiterated his intention to join the group and his commitment to boost the bloc’s relations with Latin America and the Caribbean.

Venezuela joins -he specified- the requests of the countries with aspirations to join the Brics, as we officially expressed in a letter in 2015 and ratified it recently.

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