The foreign Ministry said about the need to reduce the dependence of the BRICS economies from the US

MOSCOW, may 17 — RIA Novosti. Moscow will increase its dialogue with partners, including the BRICS on the issue of reducing dependence on the American banking system and regulators, said Deputy foreign Minister Sergei Ryabkov.

“We need to boost reduce dependence on the U.S. banking and financial system, and to do everything in order that there be alternative channels, referrals, opportunities to work to bypass those now very seriously continuous resource of American politicians, financiers and regulators in terms of behavior change independent of the business of other countries,” Ryabkov said to journalists.

“This extraterritoriality (U.S. actions) are gradually starting to not just slow down the normal course of economic cooperation in international trade, but turns into a self-sufficient problem. And we will intensify the dialogue with colleagues, including BRICS, on the subject of how to find this all an alternative to start get rid of,” he added.