[mrb]

No, read very carefully the way they worded the sentence. What is "inherent to the sovereignty of nations" is not "monetary power" but "no private entities having control of monetary power".

They are not saying governments should have control of this power. They are just saying no private entities should have control.

[javert]

I don't think you are right.

From the article:

> In a joint statement, the two governments affirmed that “no private entity can claim monetary power, which is inherent to the sovereignty of nations”

I parse that as: monetary power is inherent to the sovereignty of nations; thus, no private entity can claim it.

It's like saying: "No dog should be allowed to eat chocolate, which is toxic to animals."

It would be helpful to have the actual original statement, but I wasn't able to find it very quickly and gave up.

[javert]

Since I am getting downvoted: Is this a Continental English vs. American English thing? Because as a native American English speaker, there is no doubt at all what the sentence means in American English.