Zimbabwe’s ruling party has offered to pay for the supply of Russian oil in Zimbabwean dollars, the local national currency. Currently, the direct purchase of raw materials from the Russian Federation is blocked due to the inability to pay in US dollars. opens Words from ZANU-PF speaker Christopher Mutswangvi RIA Novosti.
Now the authorities of the African country are forced to use foreign banks for trade with Russia, which are not subject to US sanctions. However, the process can be greatly simplified by converting the ruble or Zimbabwean dollar. The politician explained that in this case, the dependence of trade (including energy) between the two countries on international sanctions would be greatly reduced.
“National banks can find a way to convert Russian rubles or Zimbabwe dollars. This process can be facilitated, for example, by mining gold in an African country. “We must find a way to not restrict our trade with the US dollar, we no longer need it to trade with each other,” Mutswangwa said.
March 15, Zimbabwean ruling party spokesman Christopher Mutswangwa declaration about the desire of an African country to work with Russia in the extraction and processing of diamonds. In addition, the list of state interests includes developing cooperation with Moscow in the field of lithium mining.