Siluanov Chinese business ready to settlements with Russia in national currencies

BEIJING, June 3. Chinese business is ready to settlements in national currencies in bilateral trade between Russia and China. This was stated by Finance Minister Anton Siluanov after a meeting with representatives of business in the PRC.

“The transition to settlements in national currencies should give impetus to the further development of Russian-Chinese economic cooperation”, - said the head of the Ministry of Finance, quoted in the official Twitter of the Ministry of Finance.

Siluanov also noted that “Chinese businesses willing to invest in infrastructure projects in the Far East and Siberia.”

In addition, he said, “Russia and China are interested in increasing competition in the market rating agencies.” In this regard, said the head of the Finance Ministry, “the role of national rating agencies should increase: their task - to be transparent and to win the trust of the users of ratings.”

3 June 2014

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