Russia negotiates de-dollarization of trade with Latin America

Russia negotiates de-dollarization of trade with Latin America
Russia negotiates de-dollarization of trade with Latin America

There are many negotiations underway with many countries, they are taking place in the context of the BRICS, and there are ideas to introduce alternative payment platforms, said the diplomat in dialogue with the press on the sidelines of the St. Petersburg International Economic Forum (Spief, for its acronym). in English).

Schetinin added that consultations are also being held with other countries with which Russia maintains “normal commercial and economic ties: Cuba, Nicaragua, Venezuela.”

The diplomat pointed out that Moscow can also use national currencies to de-dollarize trade with Latin America and pointed out that there is progress in this matter, and although the forms may be different, the priority is to develop cooperation.

The 27th edition of Spief is held from June 5 to 8, has representatives from 136 countries and focuses on the theme “The basis of a multipolar world. Formation of new growth points.

The Spief is a unique space for dialogue and business development. Its first edition was held in 1997, and since 2006 it has been organized with the sponsorship and participation of the President of Russia.

In more than 25 years of its history, the Spief managed to become the main international platform for contact between representatives of the business community and a space for debate on fundamental economic issues both for Russia, as well as for developing markets and the world in general.

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