Russia hosts a meeting of BRICS Deputy Finance Ministers and Central Bank Governors

The Ministry of Finance organised an online meeting of BRICS Deputy Finance Ministers and Central Bank Governors. It was the first event in the BRICS financial track with the participation of new members of the association.

Ivan Chebeskov, Deputy Finance Minister of Russia, and Vladimir Chistyukhin, First Deputy Governor of the Bank of Russia, spoke about the priorities of the Russian presidency in the BRICS financial track. This is reported by the official website of the Russian Finance Ministry.

The meeting also discussed customs and tax co-operation within BRICS, financing of infrastructure projects, launch of the BRICS research network in the field of finance, as well as financial co-operation within the BRICS Business Council.

The Bank of Russia presented the priority areas of cooperation in the financial track, including the mechanism of functioning of foreign exchange reserves, payment interaction, information security of the financial sector, use of financial technologies, transition financing and sustainable development, as well as a platform for open events.

The Bank of Russia also aims to integrate new BRICS members into the work of the financial track and strengthen co-operation at the expert level.

The next meeting of the BRICS Finance Track at the level of finance ministers and central bank governors is scheduled for 27 February this year.

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