126 countries have met at BRICS‘ VI International Municipal Forum (IMF) in Moscow August 27-28 to discuss numerous topics including the abandonment of international trade in the U.S. fiat debt-backed dollar in favor of a BRICS commodity-backed currency.

BRICS is an acronym for Brazil, Russia, India, China and South Africa – the founding member states of the intergovernmental organization. Since its inception in 2009 numerous other member states have joined.