Deputy Minister of Foreign Affairs of the Russian Federation Alexander Pankin said that CIS countries should completely switch to national currencies in trade agreements. His words guide the way TASS.
“In the economic sphere, it is of course important to ensure the maximum transition to payments in national currencies and the use of other payment systems that are not subject to threats,” said a representative of the ministry.
Pankin added that members of the association must overcome “illegal and illegal sanctions” that put pressure on all CIS countries.
On Tuesday, January 23, the next meeting of the CIS Council of Permanent Representatives will be held in Minsk. The concept of the presidency of the Russian Federation in the Commonwealth in 2024 will be presented.
In 2023, the share of the dollar and euro in Russia’s foreign trade decreased sharply due to the transition to payments in national currencies. According to the latest data, the share of American and European currencies is less than 30%, and the ruble is 40%.
Russian President Vladimir Putin at the end of December statedthat the country will expand settlements in national currencies while presiding over the CIS.
Previously reportedThe balances of the National Welfare Fund in euros were reset to zero.