According to the details, Russia and China have ended the influence of the dollar in mutual trade in the region, both countries have concluded an agreement for gas payments in their own currencies.
Russian gas giant Gazprom says it has signed a deal with China to start paying for gas supplies to China in yuan and rubles instead of US dollars.
The head of Russian gas company Gazprom held a video conference with the head of a Chinese oil group, with the Gazprom CEO saying the deal is a sign of good relations between Moscow and Beijing, which bode well for other companies. will become an example.
It should be noted that Russia is pushing to reduce dependence on the US dollar and develop economic ties with China amid Western sanctions.
“The new payment mechanism is a mutually beneficial, timely, reliable and practical solution,” Gazprom CEO Alexey Miller said in a statement after a video conference meeting with China’s oil group CNPC chairman Dai Huliang. Is.”
Miller added that it would “simplify the calculation” and “set a good example for other companies.”