Russia says about ninety percent of its financial transactions with the group are in national currencies.
The meeting will discuss deeper cooperation in politics, security, economy and new technologies.
Differences between the United Arab Emirates and Iran make reaching consensus harder.
Using national currencies is described as a practical step, not a plan to replace the American dollar.
They are talking about using their own money instead of the American dollar 🌟.
Russia says most of its buying and selling with these countries already uses each country's own money.
The group hopes to agree on a joint statement even though the United Arab Emirates and Iran have different views about a nearby conflict.
Want to learn even more? Click here to read the full story!