Lavrov: the Russian Federation continues the gradual dollarisation of the economy

Minister of foreign Affairs of the Russian Federation Sergey Lavrov commented on the economic policy that continues to Russia. Lavrov said that Moscow sees this new attitude as a reaction to the unpredictability of the economic policy of the United States of America. Such a statement he made in an interview to Indian newspaper Times of India.

Earlier media reported that on January 15 of the current year Lavrov will visit new Delhi to hold talks with Indian counterpart Subramaniam Jaishankar.

the Russian foreign Minister noted that Russia along with key partners working on economic and legal mechanisms that reduce the negative impact of sanctions on the development of trade and investment ties.

the Expansion of settlements in national currencies is one of the priorities of such work, according to RIA Novosti.

Sergei Lavrov recalled that in June and October 2019 were signed the intergovernmental agreement on payments and settlements in Turkey and China, and the BRICS agreed on the mutual opening of the respective Central banks correspondent accounts.

according to the Russian Minister, Moscow and new Delhi continue to work on preparing a new agreement on mutual protection of investments. The agreement on free trade zone between Eurasian economic Union and India are working on currently, is intended to enhance investor protection on both sides.