“Against the backdrop of the growing geopolitical pressure of the “collective West”, the only way to guarantee the stability of trade, economic and investment ties between Russia and its partners is to avoid the use of currencies that have become “toxic”, primarily the US dollar and the euro,” Pankin is quoted by TASS.
He noted that it is necessary to switch to settlements primarily in national currencies.
According to him, the existing financial system turned out to be "unsuitable for the conditions of a multipolar world order."
Earlier, Chinese Ambassador to Russia Zhang Hanhui said that China plans to continue increasing settlements in national currencies in trade with the Russian side.