City
Epaper

Ruble payments to be used more in Russia's foreign trade: Kremlin

By ANI | Updated: April 3, 2022 21:40 IST

Ruble payments will be used more in Russia's foreign trade, Kremlin Spokesman Dmitry Peskov said Sunday.

Open in App

Ruble payments will be used more in Russia's foreign trade, Kremlin Spokesman Dmitry Peskov said Sunday.

"It is still a prototype system (of payments), but I'm confident that it will spread to new groups of goods as well, and it will play a larger role in our foreign trade," Peskov said in an interview with Russia 1 TV channel.

When talking about ruble payments for Russian gas, Peskov said that buyers will pay in units "indicated in agreements," but the final payment will be submitted to the seller, Russia's gas industry giant Gazprom, in rubles by buying Russian rubles with these euros or U.S. dollars.

The ruble payments for Russian gas mean to ensure the security of Russia's trade and not to spite anyone, he added. (ANI/Xinhua)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: KremlinDmitry PeskovGazpromAramco oil pipelines coDmitry pesko
Open in App

Related Stories

PoliticsPutin held secret talks with Wagner warlord in Kremlin on July 1

PoliticsErdogan calls for extending Black Sea Grain Initiative

PoliticsRussia sees no grounds for extending grain deal: Kremlin

InternationalRussia-Ukraine accuse each other of plotting to attack Zaporizhzhia nuclear plant

PoliticsWestern sanctions, exit of foreign firms bring opportunities for Russian businesses: Putin

International Realted Stories

InternationalSouth Korea: Chinese AI app DeepSeek illegally shared data of 1.5 million Korean users

InternationalSouth Korea: Ex-DP leader Lee maintains big lead in presidential election poll

InternationalIndia leverages water resources as strategic tool to tighten noose around 'rogue state' Pakistan

InternationalAustria offers bonus to boost clean energy transition

InternationalFrance expresses solidarity with India following Pahalgam terror attack