Russian President Vladimir Putin said that the practice of mutual reconciliation in terms of national currencies between Russia and China should be further encouraged, and noted that Moscow is ready to switch to the yuan in trade with other countries. It has been reported DEA News.
“The increasing use of national currencies in mutual trade is important. This practice should be further encouraged and the mutual presence of financial and banking structures in the markets of our countries should be expanded.
According to him, two-thirds of the trade between Russia and China is done in rubles and yuan.
Putin also noted that the Russian Federation favors the use of yuan in settlements with Asian, African and Latin American countries.
The president is also holding long talks with the Chinese leadership. registeredMoscow is ready to support China’s business of replacing enterprises leaving the Russian Federation.
Also, he registeredThat the energy cooperation between Moscow and Beijing is expanding and the Russian Federation’s business can meet China’s growing needs in energy carriers.
Source: Gazeta
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