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Putin calls for common dollar-less payment system as key for economic sovereignty

 
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12/06/2018 09:38 AM

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Putin calls for common dollar-less payment system as key for economic sovereignty
Russian President Vladimir Putin opened the meeting of the Eurasian Economic Council Thursday by calling on the member states of the Eurasian Economic Union (EEU) to consider the idea of creating a common payment infrastructure.

“We suggest that the issue of creating common payment infrastructure using up-to-date financial technologies in EEU should be developed,” he said.

“That would enhance sustainability of national payment systems of the EEU countries by making them less dependent on the dollar and other foreign currencies,” the Russian president explained.

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