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Russia, China have created necessary payment infrastructure for trade — minister

The growth of trade, which is registered "despite challenges, turbulence, fragmentation of global economy," is the result of sustainability of the two countries’ economies, Anton Siluanov noted

BEIJING, December 18. /TASS/. Russia and China have created special payment infrastructure for mutual trade settlements in national currencies, Russian Finance Minister Anton Siluanov said.

"It is crucial for us that more than 90% of trade turnover in our trade is done in national currencies, in Chinese yuan and Russian rubles," he said at a meeting with his Chinese counterpart Lan Foan, adding that "necessary payment infrastructure that ensures mutual trade, has also been created."

The growth of trade, which is registered "despite challenges, turbulence, fragmentation of global economy," is the result of sustainability of the two countries’ economies, the minister noted.

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China Anton Siluanov Trade & Cooperation

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