Austria as OSCE chair to strengthen monitor mission in Ukraine — top diplomatWorld January 18, 17:14
Russian food inflation declines threefold in 2016 — Central BankBusiness & Economy January 18, 17:01
Russian observers to monitor elections in France, SerbiaRussian Politics & Diplomacy January 18, 16:49
Six suspects in Russian ambassador’s murder case testify in courtWorld January 18, 16:29
Russian arms foundry mints one-kilo silver ‘In Trump We Trust’ commemorative coinWorld January 18, 16:26
VTB president says anti-Russian sanctions should be first eased in financial sectorBusiness & Economy January 18, 16:03
Russia seeks Minsk deal implementation not for cancellation of sanctions — LavrovRussian Politics & Diplomacy January 18, 15:57
Syria has no objections to US presence at Astana talks, diplomat saysWorld January 18, 15:39
Crimea informs Amsterdam court of plans to continue legal fight for Scythian goldSociety & Culture January 18, 15:33
MOSCOW, October 10. /TASS/. Russia and the United Arab Emirates are considering the use of national currencies in mutual settlements, Trade Minister Denis Manturov said Friday during the countries’ intergovernmental commission meeting.
It is the first time the issue has been discussed, Manutrov said. “We need time to work the issue out. We are proceeding from the fact that with some countries, including China, such agreements were struck. The issue has been put on the agenda based on past experience, and we expect banking experts of our countries to come to understanding,” he added.
UAE Foreign Minister Abdullah bin Zayed Al Nahyan said there are certain difficulties based on the fact that the country’s currency is closely tied to the US dollar.
“But from the political point of view, I can definitely say that we stand for broad relations and cooperation. If there is political will, then we can always overcome difficulties with the help from our experts on the economy’s technical issues,” the minister said.