Russian diplomat believes Western obsession with Assad leads to dead endRussian Politics & Diplomacy April 27, 10:30
Maria Sharapova wins first match after disqualificationSport April 27, 9:38
Abe expects progress in talks on peace treaty with RussiaWorld April 27, 9:06
Media: Israeli Air Force strike hits area near Damascus airportWorld April 27, 8:35
Russian diplomat believes US strikes on Syria make no military or political senseRussian Politics & Diplomacy April 27, 8:30
Diplomat believes Trump should be given chance to improve relations with RussiaRussian Politics & Diplomacy April 27, 8:10
Twelve militants of Islamic Jihad Mujahideen Jamaat grouping detained in KaliningradSociety & Culture April 27, 2:14
Russian Prosecutor General’s Office finds another 3 NGOs to be undesirableRussian Politics & Diplomacy April 26, 21:42
Moscow ‘seriously concerned’ about Turkish airstrikes in Iraq, SyriaRussian Politics & Diplomacy April 26, 20:55
MOSCOW, April 3. /TASS/. Russia and Vietnam can easily switch to their national currencies - the Russian rouble and the Vietnamese dong - in mutual settlements, Russian Prime Minister Dmitry Medvedev said in an interview with the Vietnamese media ahead of his visit to that country.
"First, there are no obstacles to making settlements in roubles and dongs. None from the legal point of view," he said. "But we need an economic reason for this."
He said the two countries had agreed about possible use of their national currencies in mutual settlements about a decade ago and had even established a special bank for that. "But using national currencies is only suitable when the volume of mutual trade is high and you need to accumulate resources in roubles or dongs," the Russian prime minister noted. "So far, these settlements only account for about 1.5% of trade, with all the other settlements made in US dollars, which is not always advantageous."
"In this sense, it could be more profitable to make mutual settlements in our national currencies, namely in trade and investment," Medvedev said. "I think there is a good opportunity to do this also in relations with Vietnam. I will definitely raise this issue at the upcoming talks with my Vietnamese partners.".