The President of Russia took part in an informal meeting of CIS leaders
“Let me remind you that our countries have been consistent in expanding their economic cooperation. Last year, Russia’s trade with CIS countries increased by more than 30% to $96 billion, and added another 7% in the first six months of 2022. I am certain that a proactive transition to settlements in national currencies in the transactions within the Commonwealth will inject further momentum into these positive trends. In fact, we have been doing this for many years, so it has nothing to do with the current political situation. Overall, this will reinforce financial sovereignty for our states, develop internal capital markets, and deepen regional economic integration,” Vladimir Putin pointed out.
See more on the Kremlin’s official website.
“Let me remind you that our countries have been consistent in expanding their economic cooperation. Last year, Russia’s trade with CIS countries increased by more than 30% to $96 billion, and added another 7% in the first six months of 2022. I am certain that a proactive transition to settlements in national currencies in the transactions within the Commonwealth will inject further momentum into these positive trends. In fact, we have been doing this for many years, so it has nothing to do with the current political situation. Overall, this will reinforce financial sovereignty for our states, develop internal capital markets, and deepen regional economic integration,” Vladimir Putin pointed out.
See more on the Kremlin’s official website.