Russia, Brazil need to boost payments in national currencies
Business & Economy
February 05, 21:07
Modern transport corridors should also be formed and new production and logistical chains need to be created, Russian Prime Minister Mikhail Mishustin added
BRASILIA, February 5. /TASS/. Russian and Brazil need to scale up payments in national currencies and develop direct bank-to-bank interaction, Russian Prime Minister Mikhail Mishustin said at the 8th meeting of the Russian-Brazilian high level commission on cooperation.
"To successfully deliver common plans, there is a need to boost mutual payments in national currencies and develop direct banking interaction. Certainly, the independent payment architecture should be used more actively," Mishustin said.
Modern transport corridors should also be formed and new production and logistical chains need to be created, the prime minister added.