Contact Group agrees to settle water cuts issue in Lugansk within 7 days ― OSCE envoyWorld December 08, 2:58
Glencore expects deal on purchasing stake in Rosneft to close in mid-DecemberBusiness & Economy December 08, 2:03
Italian Prime Minister Renzi officially resignsWorld December 08, 1:27
43 ceasefire violations reported in Syria in 24 hours ― Russian Defense MinistryWorld December 08, 1:16
One reconciliation agreement signed in Syria in 24 hours ― Russian Defense MinistryWorld December 08, 0:26
Lavrov confirms to Kerry Russia backs US proposal on Aleppo from December 2Russian Politics & Diplomacy December 07, 23:57
Russia has never imposed its decisions on Syria, Assad saysWorld December 07, 23:45
Rosneft privatization deal is completed — KremlinBusiness & Economy December 07, 21:06
Contact Group focuses on demining, creation of new security zones in Donbass — OSCE envoyWorld December 07, 20:57
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.".