Moscow’s latest decision to switch to its national currency for gas payments was made to secure Russia’s ability to trade and to ensure that its producers receive their money despite Ukraine-related Western sanctions, according to Dmitry Peskov, press secretary to President Vladimir Putin.
“Amid this growing distrust toward reserve currencies [US dollar and euro], the president put forward the idea of the necessity of hedging risks so that [Western states] would not try to rob us again. And therefore we introduced this [mechanism] of payments in rubles… for the most important commodities. In this case, we are talking about natural gas,” Peskov explained. He noted that the move did not aim to “punch anyone in the nose.”
“We don’t want to make life difficult for our customers. Russia has always been a reliable supplier. Russia values its reputation as a reliable supplier. Of course, we will not do anything that will undermine this reputation,” he stressed.
Are you seeking to create an ambiance that speaks volumes about your desires and aspirations?…
The man who critically injured Slovak Prime Minister Robert Fico on Wednesday was a fierce…
The Asia-Pacific region should be free of military blocs because of their potential to undermine…
Russian President Vladimir Putin was welcomed with an honor guard after his plane touched down…
Russian President Vladimir Putin has set the stage for his state visit to China by…
С каждым днем онлайн-казино становятся все более популярными среди азартных игроков. И это вполне логично:…