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Vietnam has joined BRICS as a ‘partner country’ as the economic alliance continues its push for de-dollarization. The bloc, led by Brazil, is expanding its influence with new members and initiatives to reduce reliance on the US dollar.
- Vietnam is the 10th 'partner country' in BRICS, joining others like Nigeria and Thailand.
- BRICS is exploring a gold-backed common currency to reduce reliance on the US dollar.
- Saudi Arabia has reportedly avoided formal BRICS membership to prevent tensions with the US.
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