Armenia and Russia finally stopped settlements in dollars and euros. About this “Vedomosti” declaration Vagan Kerobyan, Minister of Economy of the Republic of Armenia.
“Choosing a currency for trading in the current conditions is a big issue. The volatility of the Russian currency against the dollar and the euro prevents long-term contracts from being made, and the volume of the dramas money supply does not allow for the current flow of goods,” Kerobyan said.
According to him, last year deliveries from Armenia to Russia almost quadrupled to $ 2.5 billion, this was mainly due to the withdrawal of Western companies from the Russian market. In this way, suppliers from Armenia were able to fill vacancies and expand their business.
He added that companies, banks and departments from Armenia could come under secondary Western sanctions. But since Russia is an important trading partner, every effort is made to avoid such consequences. In addition, global development of the economy is impossible in conditions where some political blocs are isolated from others. Therefore, Armenia can be a kind of bridge for different parts of the world economy.
In mid-August, RIA Novosti referred to the press service of the regional government. reportedThe decision of the Lithuanian bank “Siauliai” to cease operations with Russia in rubles will not affect the railway crossing to the Kaliningrad region, since previously invoices for its services were issued in foreign currency.