A way to solve the problem with settlements between Russia and China has been revealed

22.08.2024 18:08

It has become known how Russian importers can overcome problems that have arisen in settlements with China.

The solution is said to be the use of state digital currencies.

Financial analyst Natalia Milchakova spoke about this, writes Lenta.ru .

Digital versions of national currencies will help overcome restrictions and all risks associated with secondary sanctions.

Milchakova spoke on this topic against the backdrop of the visit to Moscow of the Premier of the State Council of the People's Republic of China Li Qiang.

Money
Photo: © TUT NEWS

A Chinese official held talks with Russian Prime Minister Mikhail Mishustin.

The expert noted that the parties agreed to develop a joint payment infrastructure and expand the network of branches of the countries' banks in the territories of the Russian Federation and China.

Russian importers have encountered difficulties paying for Chinese goods due to the decision of banks to stop making payments for fear of falling under secondary Western sanctions.

In 2024, the initiators of restrictive measures turned their attention to a number of countries that help Russia circumvent sanctions.

Author: Dmitry Bobrov Editor of Internet resources