Financial & Business Association
of Euro-Asian Cooperation
November 14, 2023, Moscow, Russia, 11:00-14:00, Round table
«ON THE WAY TO THE MONETARY AND FINANCIAL SYSTEM OF A MULTIPOLAR WORLD»
Place: Associations of Russian Banks (Moscow, Skatertny pereulok, 20)
Join Zoom MeetingFormat: online/offline
Working languages: Russian
Questions for discussion:
- De-dollarization and reform of international monetary and credit relations: projects and schemes;
- reserve currencies yesterday, today, tomorrow;
- the rise of the Chinese yuan and the yuanization of external settlements;
- what are the obstacles to strengthening the position of the Russian ruble in international payment turnover?
- prospects for the external expansion of the Indian rupee;
- will the expansion of BRICS affect the monetary and financial agenda of the association?
- pros and cons of settlements in non-convertible national currencies. The problem of accumulation of illiquid currency balances and ways to solve it;
- is multilateral clearing possible in closed currencies? If so, by whom and how can it be established?
- the phenomenon of cryptocurrencies: a temporary phenomenon or a long-term global trend?
- South African initiative "BRICS stablecoin" and prospects for its promotion. What can serve as a stabilizer of exchange rate fluctuations?
- digital currencies of central banks and the likelihood of collective digital currencies. How can the relevant initiatives of the Basel Bank for International Settlements be evaluated?
- prospects for Special Drawing Rights (SDR) of the International Monetary Fund. Can SDR become a full-fledged global currency?
- is gold able to fully or partially regain lost positions in international monetary, credit and financial relations?
- how can the infrastructure of cross-border settlements be built in a multipolar world?
- is the New Development Bank capable of becoming a settlement center in the BRICS Plus format? What is the probability of the IBEC returning to its original settlement and issue functions in a new historical situation and/or the development of an Interstate Bank in the CIS Plus format?
Moderator: - reserve currencies yesterday, today, tomorrow;
- the rise of the Chinese yuan and the yuanization of external settlements;
- what are the obstacles to strengthening the position of the Russian ruble in international payment turnover?
- prospects for the external expansion of the Indian rupee;
- will the expansion of BRICS affect the monetary and financial agenda of the association?
- pros and cons of settlements in non-convertible national currencies. The problem of accumulation of illiquid currency balances and ways to solve it;
- is multilateral clearing possible in closed currencies? If so, by whom and how can it be established?
- the phenomenon of cryptocurrencies: a temporary phenomenon or a long-term global trend?
- South African initiative "BRICS stablecoin" and prospects for its promotion. What can serve as a stabilizer of exchange rate fluctuations?
- digital currencies of central banks and the likelihood of collective digital currencies. How can the relevant initiatives of the Basel Bank for International Settlements be evaluated?
- prospects for Special Drawing Rights (SDR) of the International Monetary Fund. Can SDR become a full-fledged global currency?
- is gold able to fully or partially regain lost positions in international monetary, credit and financial relations?
- how can the infrastructure of cross-border settlements be built in a multipolar world?
- is the New Development Bank capable of becoming a settlement center in the BRICS Plus format? What is the probability of the IBEC returning to its original settlement and issue functions in a new historical situation and/or the development of an Interstate Bank in the CIS Plus format?
Oleg Preksin, General director and Co-founder of «New Financial Alliance. BRICS Pay", Deputy Chairman of the RSPP Committee for International Cooperation, Vice President – Member of the Council of the Association of Russian Banks, Deputy Chairman of the Russian Financial and Banking Union, Chairman of the International Banking Committee - Member of the Board of the Financial and Business Association of Eurasian Cooperation
Speakers:
Mikhail Golovnin, Corresponding Member of the Russian Academy of Sciences, Director of the Institute of Economics of the Russian Academy of Sciences, President of the New Economic AssociationAngelina Akimenko, Director of Advanced Financial Technologies at the Russian Export Center
Vladimir Gamza, Member of the Management Board, Chairman of the Council for Financial, Industrial and Investment Policy of the CCI of the Russian Federation
Vitaly Kopysov, Innovation Director of the Sinara Banking Group
Dmitry Mityaev, Assistant Member of the Board (Minister) for Integration and Macroeconomics of the Eurasian Economic Commission (EEC).
Nikolay Tsekhomsky, First Deputy Chairman of VEB RF
Vladimir Nazarov, Director of the NIFI of the Ministry of Finance of Russia, member of the Board of the Ministry of Finance of Russia, member of the Expert Council under the Government of the Russian Federation, Candidate of Economics
Denis Ivanov, Chairman of the Board of the International Bank for Economic Cooperation
Vladimir Kazbekov, Vice President of the New Development Bank (BRICS)
Anatoly Kazakov, Chairman of the CIS Financial and Banking Council