Russia, China Advocate Use Of National Currencies In Bilateral Transactions - Putin

Russia, China Advocate Use of National Currencies in Bilateral Transactions - Putin

Russia and China advocate the use of national currencies in transactions amid continuing risks in the global economy, Russian President Vladimir Putin said on Tuesday.

VLADIVOSTOK (Pakistan Point News / Sputnik - 11th September, 2018) Russia and China advocate the use of national currencies in transactions amid continuing risks in the global economy, Russian President Vladimir Putin said on Tuesday.

"The Russian and Chinese sides have confirmed the interest in more active use of national currencies in bilateral transactions. This will increase the stability of banking services for export-import amid continuing risks in global markets," Putin said after talks with his Chinese counterpart Xi Jinping on the sidelines of the Eastern Economic Forum (EEF) in Vladivostok.