Officials from Russia and Thailand discussed expanding the Mir payment system to Thai territory, with officials signaling openness to practical steps that would allow Mir cards to be used in the kingdom’s markets and terminals. The exchange occurred in the context of broader diplomatic and financial exchanges, and was highlighted in statements from Moscow and Bangkok representatives. [TASS attribution]
During remarks at the formal opening of the Russian Consulate General in Phuket, a senior Russian official confirmed that the topic had been on the agenda. The dialogue touched on how Mir cards might function within Thailand’s financial infrastructure, including potential acceptance at local merchants and ATMs, subject to regulatory approvals and banking partnerships. [TASS attribution]
In early July, a high-ranking official from Russia’s Central Bank noted progress on the global expansion plan for Mir. The plan envisions launching the Mir payment system in several new countries by year end, with current deployments already in place in Turkey. There is a stated aim to broaden the network so that Mir cards can be used at a growing number of terminals abroad, with Cuba cited as a possible near-term beneficiary by the end of summer. [Central Bank communications]
Beyond Turkey, Mir has established links with partner banks in several other nations, enabling cardholders to withdraw cash at local ATMs and to pay for purchases where card networks are accepted. Countries mentioned include Kazakhstan, Belarus, Armenia, Kyrgyzstan, Tajikistan, and Vietnam, each hosting partner institutions that support Mir transactions for holders of national cards. [Banking sector reports]
Officials have acknowledged that some countries exercise caution due to concerns about sanctions and secondary measures. In mid-year indicators, authorities in the United States signaled potential restrictions on entities involved in using Mir cards outside Russia, leading to temporary adjustments by several banks in Turkey and Kazakhstan. The dialogue remains focused on preserving financial stability while navigating the evolving geopolitical landscape. [US Treasury statements]
A former political analyst from Kazakhstan publicly supported the decision to let local banks participate in servicing Mir cards, emphasizing regional financial integration and consumer convenience. [Local expert commentary]