laundering platform “Know Your Customer”, which we are ready to share. We want to see what common platform solutions in this area can be developed at the BRICS level. This would greatly italy telegram data simplify cooperation between businesses in our countries. Another area that we want to develop is the development of a settlement and depository infrastructure. And finally, the fourth new area is that we plan to create a common platform for BRICS countries for training and exchange of experience on the basis of the Bank of Russia University. We plan to form the final agenda by the end of February.
Russia discussing the creation of depository bridges?
— Together with the Ministry of Finance, we work with almost all friendly countries to build such bridges. Including the BRICS countries. This is very important for attracting foreign investment. In addition, our citizens understand that investments in the assets of unfriendly countries are becoming toxic. And if they want to diversify their portfolio, they look at the assets of friendly countries. But now it is too early to talk about the practical results of this work.
plan to develop a currency swap mechanism within BRICS?
— We have bilateral currency swaps. A similar multilateral instrument exists within the BRICS — it is a pool of conditional currency reserves. It was created back in 2014, its volume is 7 critical components for email compliance quite impressive — 100 billion dollars. We have been testing it annually since 2018 to keep it in constant readiness, but so far none of our countries have used it, there was no need for it. This year we want to complete negotiations so that ao lists countries, if they experience pressure on the balance of payments, can receive funds from this pool in national currencies.