Yeah mate can't open the site but the Council members appear to be Bulgaria, Hungary, Cuba, Mongolia and Russia. It would appear that they may need some more "weight" behind them for any chance of success.
The IRIAS seems to have been created by the Soviet Union during the Communist era for the advancement of Socialism.
Appears to me that the operation is a bit small and still in its infancy, but who knows maybe this is where we get the BRICS currency birth from.
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