SCO stands for coordination of efforts in fight against terrorist threatWorld October 29, 0:42
Russia does not plan to ratify Paris Agreement on climate earlier than 2020 — ministerRussian Politics & Diplomacy October 28, 21:48
Russian Foreign Ministry: Pictures of attacked school in Idlib are 'computer graphics'World October 28, 21:21
Kissinger becomes Russian Academy of Sciences memberWorld October 28, 21:12
Kremlin gives no comment on reports that Russian, US jets flew dangerously close in SyriaRussian Politics & Diplomacy October 28, 20:13
Two of four Soyuz crews to fly to ISS in 2017 will be smaller than usualScience & Space October 28, 20:05
Foreign Ministry: Two mortar shells fired on Russian embassy in SyriaRussian Politics & Diplomacy October 28, 19:52
Kremlin: Russia may use all available means against terrorists in AleppoRussian Politics & Diplomacy October 28, 19:26
Russian Foreign Ministry refutes reports about alleged deportation of Russians from SerbiaRussian Politics & Diplomacy October 28, 19:07
NEW DELHI, March 29 (Itar-Tass) — Banks of the BRICS countries have signed a general agreement on providing loans in national currencies.
The summiteers also signed a document on approving guarantee facilities within inter-bank cooperation of the BRICS countries.
Russia was represented by chairman of Vnesheconombank Vladimir Dmitriyev.
According to representatives of financial organisations, involving the China Development Bank, the Export-Import Bank of India, the Brazilian Economic Development Bank and the Development Bank of South Africa, the agreements envisage creating basic mechanisms in order to settle accounts and finance projects in national currencies.
Dmitriyev invited representatives of banks of the BRICS countries to take part in panel discussions within the St Petersburg International Economic Forum in 2012. Then the parties said they sought to realise the principles of sustainable development and develop active cooperation in key economic fields.
The annual meeting of BRICS partners was held on the eve of the summit.