Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Settlements In Roubles And Liras May Be Introduced
April 7, 2015 12:14


The Turkish Government considers it possible to convert the settlements on large investment projects with Russia to national currencies.

This was stated by Deputy Minister of Economy of the Republic Adnan Yildirim, as TASS reports. “We would like to see the settlements in roubles and liras to be introduced, at least, on largest investment projects of Russia and Turkey” - the agency quotes his words. The official added that Turkey expected reciprocal steps from the Russian Ministry of Finance.

According to the vice-president of the Chamber of Commerce and Industry of the Russian Federation Georgii Petrov who participated in a meeting with Adnan in Moscow, the settlements in roubles and liras should be introduced “step by step and in separate fields”.

For example, the transition to roubles is now being discussed for Russian tourism, as Petrov said. On February 18 it became known that the Ministry of Tourism of Egypt approved the decision on the introduction of mutual settlements with Russia in roubles. According to the Minister Mohamed Salem, the Egyptian authorities are going to “do everything possible for the comfort of the Russians”.

On January 14 the Federation of Indian Export Organizations (FIEO) sent the plan providing for a conversion of settlements with Russia from dollars to rupees to the Ministry of Industry and Trade of the Russian Federation. Exporters believe that such a mechanism will let them get rid of the risks associated with the fall of the rouble.

In December 2014 the Prime Minister of Kazakhstan Karim Massimov offered to the members of the Shanghai Cooperation Organization (China, Russia, Kazakhstan, Tajikistan, Kyrgyzstan and Uzbekistan) to switch to national currencies in settlements with each other.


Author: Anna Dorozhkina

Tags: Russia International     

Next Previous

You might also find interesting:

Specialized Products For Sportsmen Will Be Imported The Resident Of Krasnogorsk Made a Mini-resort On the Roof Of His House Russia will Reach a Peak of Oil Production in 2021 Chelyabinsk Photomarathon Russian Banks Are Not Ready to Withstand the Crisis

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Republic of Korea  Russian tennis  Russian ballet dancers  Russian tourism  Tax Code  Cinemas  Archstoyanie Festival  Bolshoi Theatre  Political Rallies  Nika Award  Russian sctors  Moscow  Norilsk Nickel  festival  hotel reservation  Belozerks  Andrey Zvyagintsev  Volgograd Region  Russian business  Novosibirsk  music  Yekaterinburg  Paleontology  Sophia Alekseyevna of Russia  children  Ilya Chashnik  Olympic Games 2012  travel to Russia  St. Petersburg  Arsenyev  Irkutsk  real estate in Russia  the Crimea  Festivals in Moscow  medicine  North Caucasus  Conservatory Ball  Hollywood Movies  All-World Youth and Students Festival  Tomsk  Alexander Ovechkin  Russian Cinema  Football  Russian Avant-Garde  Mercedes-Benz Fashion Week Russia  St. Valentine's Day  Perm Region  Life Saving  Exhibitions in Moscow  Russian regions 

Travel Blogs
Top Traveling Sites