Bangladesh, July 8 -- Bolivian President Luis Arce has issued a sharp call for countries around the world to move away from using the US dollar in international trade, stating that the era of dominance by a single country-namely the United States-has come to an end. Arces remarks, delivered during an interview on the sidelines of the 17th BRICS summit in Rio de Janeiro, signal a deepening commitment among emerging economies to reshape the global economic order and reduce dependence on Western financial systems.

Arces statements come at a time of heightened tension between the United States and the growing BRICS alliance, which now includes a broader range of partners beyond the original five member states. Bolivia itself became an offici...