Time for Russia and Vietnam to think of switching to local currencies :Medvedev

Young journalists club

News ID: 6718
Asia » Asia
Publish Date: 12:36 - 07 April 2015
Russia and Vietnam should start using their domestic currencies in bilateral trade more actively ,Russian Prime Minister Dmitry Medvedev has said.
"Certainly, it’s necessary to think of using non-standard forms of cooperation and financial interaction, including, for example, settlements in local currencies, rubles and dongs,” Medvedev said during a meeting with businessmen in Vietnam’s largest city of Ho Chi Minh City, formerly Saigon.

READ MORE: Vietnam and Eurasian Economic Union free trade zone deal in ‘home straight’ – Russian PM

The prime minister recalled that Russia had a similar experience with other countries in the Asia-Pacific region, and that 10 years ago the Vietnamese-Russian bank was created.

"We should think how to boost the work of the bank", Medevedev said.

RT


Your Comment