MOSCOW, April 20. /TASS/. Russia and China cannot in a moment completely abandon settlements in dollars, said Sergey Nosov, head of the department for Asia, Africa and Latin America of the Industry and Trade Ministry.
"Of course, our Chinese colleagues also understand it very well and guide us that there are no one-time miracles, and all of us, both our economy and the Chinese economy, live in the conditions of the global economy, and in a moment to abandon settlements in dollars. It is certainly impossible to cut off any ties with the outside world at one moment," he said.
He was speaking at a meeting of the parliamentary group for relations with the parliament of China.
The official added that his ministry and their Chinese colleagues are working on the so-called "controlled risks," weighing all the pros and cons."
According to Nosov, several Chinese banks operate in Russia, including ICBC, which provide settlements in national currencies.
"But we are well aware that this bank operates all over the world, and it cannot make frantic decisions that will create risks for its activities in the US, Europe, and so on. But within the existing capabilities, we are doing everything necessary with our colleagues to overcome all the necessary challenges," the official noted.
Earlier, the Chinese Foreign Ministry reported that the Chinese authorities do not rule out the possibility of switching to rubles or yuan in energy trade with Russia. The Chinese Foreign Ministry also said that Chinese companies intend to more actively use rubles or yuan in trade with the Russian Federation "on an equal and mutually beneficial basis, taking into account changes in the market situation".