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Mir cards may become available in Venezuela, talks are underway — Russian deputy PM

The technical integration of the Mir payment system is already being carried out by the Venezuelan bank, Alexander Novak said

Russian Deputy Prime Minister Alexander Novak Yelena Afonina/TASS

Russian Deputy Prime Minister Alexander Novak

© Yelena Afonina/TASS

CARACAS, December 15. /TASS/. Moscow and Caracas are considering the possibility of using Mir cards in Venezuela, and technical integration with the Venezuelan national bank is underway, Russian Deputy Prime Minister Alexander Novak said at a meeting of the intergovernmental commission on trade and economic cooperation between Russia and Venezuela.

"We are working on the possibility of organizing the acceptance of the Russian national payment mechanisms in Venezuela. Currently, the technical integration of the Mir payment system is already being carried out by the Venezuelan bank," he said.

Also, the two countries are in talks to give mutual access to their markets to Russian and Venezuelan farmers. According to Novak, more than 50 Russian and over 40 Venezuelan meat, fish and dairy farms are showing interest in supplies.

Russia has been increasing its fertilizer exports to Venezuela, too. This year, Russian fertilizer exports have grown by 12% against last year, the senior Russian official added.

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