This was reported by the press service of the Russian Cabinet of Ministers.

"The government has approved a list of countries whose banks will be able to participate in currency trading in Russia," the report said.

It is specified that we are talking about Azerbaijan, Armenia, Belarus, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, Algeria, Bangladesh, Bahrain, Brazil, Venezuela, Vietnam, Egypt, India, Indonesia, Iran, Qatar, China, Cuba, Malaysia, Morocco, Mongolia, the United Arab Emirates, Oman, Pakistan, Saudi Arabia, Serbia, Thailand, Turkey and South Africa.

These countries will also be able to participate in the derivatives market.

Earlier, Russian Deputy Finance Minister Alexei Sazanov said that the agency, together with the Federal Tax Service, will update the list of countries that do not exchange tax information.