Putin urges to speed up shift to rubles, other national currencies in foreign trade
Date
4/18/2022 10:10:45 AM
(MENAFN- Trend News Agency)
Moscow should speed up the shift to foreign trade settlements in
rubles and the national currencies of countries that are reliable
business partners, President Vladimir Putin said at a meeting on
economic issues on Monday, Trend reports with reference to TASS .
The restrictions that unfriendly countries have imposed against
the Russian Federation, have influenced the possibilities of
domestic businesses, complicated the logistics of export and import
supplies, created obstacles for settlements, he noted.
'It is necessary to render the maximum assistance to
entrepreneurs in solving those issues, particularly speeding up the
shift in foreign trade to payments in rubles and in the national
currencies of countries that are reliable business partners,' Putin
said, adding that in the new conditions 'it is necessary to proceed
much faster.'
Earlier, Russian President signed a decree, which defines a new
order of payments for Russian gas supplies for buyers from
unfriendly countries starting April 1. Now such countries should
transfer funds in foreign currencies to Gazprombank, which will
purchase rubles on exchanges and transfer them to special ruble
accounts of importers.
Tags:
- Russia
- Russian President Vladimir Putin
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