The UAE-based BUNA, a cross-border payment system, plans to expand its operations to include currencies from India, China, Pakistan, and several African and European countries by 2024-2025. This expansion aims to link BUNA with other payment systems in Europe and Africa, enhancing financial cooperation within the BRICS countries and beyond. Notably, Pakistan’s Foreign Minister spokesman Baloch noted that the country officially applied to join the BRICS last year, highlighting the BRICS effort to increase collaboration.