Flávio suggests to the US that Pix should remain outside BRICS systems
Countries
Cooperation areas
Source: Metrópoles | Original Published At: 2026-07-02 20:04:00 UTC
Key Points
- Senator Flávio Bolsonaro submitted a document to the US Trade Representative (USTR) regarding Brazil's payment system.
- The proposal advocates for legislation to prevent Pix from connecting to non-Western cross-border compensation mechanisms.
- The document cites BRICS initiatives to reduce dollar dependence as a key factor in the recommendation.
- Flávio argues that Pix is sovereign public infrastructure and not a commercial competitor to US financial firms.
- The submission was made in the context of a US commercial investigation into Brazilian digital trade practices.