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30 of June, 15:56

Russia and China in the near future plan to start the settlements in rubles and yuan
Russia and China in the near future have the opportunity to switch to settling on a number of transactions in rubles and yuan, the banking sector of the Russian Federation is quite ready for this, said to reporters, Deputy Minister of industry and trade of the Russian Federation Georgy Kalamanov.

the RF Finance Ministry is currently studying the issue of transfer payments for certain types of export of items on the ruble against the background of sanctions of the West against Russia because of its position on Ukraine and the Crimea. Most of the partners are already using the rouble in trade with Russia, for example, and the Chinese, however, calculations on most export contracts are moving in dollars.

According to Kalamanov, the 1st of all settlements in rubles and yuan have the opportunity to begin in the materials sector, and from the processing industries - mechanical engineering.

" Logically, if we buy some equipment from China, to pay the yuan, and if they buy something - rubles. 't say when will be the first major contract, but the banking sector is aware that in many transactions you can go ruble-yuan, " said the Deputy Minister on the 1st Russian-Chinese EXPO. He noticed that in the current geopolitical situation, " it will be correctly even if we work in their own currency, Hejira risks ".

The head of the Ministry of Finance of the Russian Federation Anton Siluanov in the beginning of summer was declared that the Central Banks of Russia and China have an opportunity to come to a common opinion about the conduct of currency swaps (operations on exchange of currencies) for export settlements in national currencies.

Gazprom, first signed with China the largest 30-year contract on gas supplies, last week said that he is ready to move to settlements with China in yuan and the ruble and does Not see in this risk.

sections: Politics

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