The dollar has almost completely disappeared from Russia-China trade relations

The Russian Foreign Minister, Sergey Lavrov at a meeting of the Council of Heads of Russian Regions under the Foreign Ministry, stated that Russia And China they have almost completely avoided the use of the dollar in their trade, making over 90% of their mutual payments in national currencies.

“Russian-Chinese trade and economic cooperation is actively developing, despite persistent attempts by the states of the collective West to put a spoke in the wheels“, he said Lavrov. “There was one almost complete de-dollarization of bilateral economic relations. Today, more than 90% of mutual payments have been transferred into national currency“, he added.

“Interaction in the energy sector is constantly advancing. Our offer agricultural products the Chinese market is growing. Joint projects are being implemented in the fields of investment and industry. The mutual benefit of such cooperation is clearly perceived by both countries, Russia And Cheersto“, he concluded Lavrov.

RED

Tags: China, De-dollarization, dollar, Russia, Sergey Lavrov