Russian President Vladimir Putin will use the Russian currency ruble to purchase natural gas from Russia from April 1 to countries and regions designated by the government as "unfriendly", such as Western countries and Japan. He signed a presidential decree mandating payments in Russia and warned that "if payments are not made, existing contracts will be suspended."
On the other hand, according to the presidential decree, companies in "unfriendly" countries need to open a ruble and foreign currency account with the Russian bank "Gazprombank", and if you send money in foreign currency, this bank will exchange it for ruble. It is said that it is a mechanism to be paid, and it seems that it has left a way to pay in foreign currency.
The ruble has fallen sharply as Western countries impose severe economic sanctions on Russia in the military invasion of Ukraine, and the Putin administration aims to support the market by making it necessary to buy the ruble. There seems to be.
Germany's Chancellor Olaf Scholz, who has a high share of Russia's share of natural gas imports, said at a meeting on March 31, "The contract states that payments will be made in euros. Putin says he can continue to pay in euros. I will take a closer look at the president's explanation, but in any case, companies want and can and pay in euros, "said Russia, which keeps the contract and payments are made in the euro currency. I re-emphasized the idea that it should be.
G7 = Seven major countries agreed on March 28 that President Putin's request for payment in the ruble was rejected as a breach of contract, and how each country responded to the decision of the Russian side The focus is on what to do.