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Moscow, Beijing increasing share of national currencies in mutual settlements — Russian PM

The two countries are deepening business ties, Mikhail Mishustin noted, adding that Moscow and Beijing have "a broad joint agenda"

BEIJING, December 19. /TASS/. Russia and China continue increasing the share of national currencies in mutual settlements, Russian Prime Minister Mikhail Mishustin said at a meeting with the Premier of the State Council of the People's Republic of China Li Qiang, adding that the countries almost managed to get rid of using third countries’ currencies in full in 2023.

"We continue boosting the share of national currencies in mutual settlements. In 2020, it roughly equaled 20%, whereas this year we almost fully got rid of third countries’ currencies in mutual settlements," Mishustin said.

The two countries are deepening business ties, he noted, adding that Moscow and Beijing have "a broad joint agenda."

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China Mikhail Mishustin

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