Current Alternatives and Diversification Trends

Bilateral agreements have facilitated payments in local currencies for years, with examples like China and Russia transacting in yuan and ruble. The New Development Bank is increasing financing outside the dollar, strengthening exports. Global reserves in the dollar have declined by 5% since 2020, with the yuan gaining a larger share in international negotiations. These measures cut costs and enhance economic sovereignty for the members. The bloc is planning technical meetings in 2026 to refine plans and prioritize efficiency in commercial operations.