Commonwealth Secretary General Sergei Lebedev said that the CIS countries have everything necessary to create a full-fledged alternative to SWIFT. His words guide the way TASS.
Lebedev said at the plenary session of the International Economic Forum of CIS Member States: “Dear colleagues, we are quite capable of creating an effective system of mutual agreements and bank payments instead of SWIFT, so that no one looks in our pockets.” .
Last week, Crimea’s permanent representative Georgy Muradov saidIt was stated that the republic is preparing to launch the mutual settlement system as an alternative to SWIFT in settlements with foreign partners.
Analysts before this warnedBlocking payments from the Russian Federation by Western countries could lead to the creation of an analogue of SWIFT within the BRICS framework and weaken the position of the US dollar.
Previously reportedSWIFT will launch a new digital currency platform.
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Source: Gazeta
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