Russia is negotiating with partners on the creation of a settlement system based on national currencies

He stated this during a speech in the Federation Council.

“Substantive negotiations are already underway with key foreign partners to create a secure infrastructure for cash settlements based on national currencies.

Here I would like to especially thank the Bank of Russia for its partnership work, ”RIA Novosti quotes him.

Earlier, Russian Finance Minister Anton Siluanov said that a new wave of sanctions is pushing the BRICS to create their own financial messaging system.