Permanent Representative Muradov: in Crimea they are studying the introduction of an alternative to SWIFT

2024-03-18T07:06:35.356Z

Highlights: Permanent Representative Muradov: in Crimea they are studying the introduction of an alternative to SWIFT. On March 2, 2023, Sberbank announced the start of servicing Crimean entrepreneurs. The problem of payment for Crimean producers when entering the international markets of countries friendly to Russia remains relevant. Muradovsky: “We are talking about introducing a clearing system that is alternative toSWIFT, and which has proven itself positively during the USSR period’” The Crimean authorities are considering the possibility of introducing a system of moving away from the cash settlement system.

The Permanent Representative of Crimea to the President of Russia, Deputy Prime Minister of the Peninsula Government Georgy Muradov said that the regional authorities are considering the possibility of introducing an alternative clearing system to SWIFT, in which foreign partners will not be subject to secondary sanctions.