Putin: Using national currencies reduces geopolitical risks
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According to According to Rashatoudi, the Mehr News Agency, Russian President Vladimir Putin met with “BRICS” -a..”>Dilma Roussef” head of the BRICS bank (Bank New development) emphasized that the use of national currencies in commercial transactions reduces geopolitical risks.
Dilma Roussef He also said: BRICS can discover new areas of cooperation among southern countries.
Kremlin Palace announced in a statement that Russia and Iran have almost completely abandoned foreign currencies in mutual transactions and use the national currency.
The Kremlin statement also mentions that the two countries make more than 96% of mutual payments in rubles and rials. According to the Kremlin, the volume of bilateral trade has increased by 12.4% in the first eight months of this year, and this figure will be more than 4 billion dollars in 2023. In a part of this statement, it is emphasized: the leaders of the two countries give priority to the development of trade and economic relations.
According to the Kremlin, Russia and Iran are jointly developing several large projects in The field of transportation and energy includes the construction of new production units in the Bushehr nuclear power plant and the international north-south corridor that connects Saint Petersburg to the Indian port city of Mumbai, activities and They cooperate.
Moscow has emphasized that relations between the two countries are “growing” and the Kremlin expects these relations to reach the level of “comprehensive strategic partnership” in the future. Russian President Vladimir Putin is going to meet with Iran’s President Masoud Mezkiyan on the sidelines of the “BRICS summit (October 22-24 / November 1-3 . Doctors and Putin previously talked to each other via phone call and also in early October at a meeting in Ashgabat.
Russia has seriously and dynamically reduced the use of dollars in its international transactions and 95% of bilateral trade agreements and contracts between Moscow and Beijing are made in “Yuan” and “Ruble”. Mikhail Mishustin, the Prime Minister of Russia confirmed this in August.
Reuters reported last week that Moscow plans to present its plan at the BRICS To create a new international financial mechanism. This plan includes a new payment mechanism that enables participating countries to effectively bypass the dollar and rely on their own national currency in international transactions.
