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Russia and Turkey are switching to partial payment for Russian gas in rubles. An agreement on this was reached at the talks between the presidents of the two countries, Vladimir Putin and Recep Tayyip Erdogan, in Sochi, Deputy Prime Minister Alexander Novak said.
“We are gradually switching to payment in the national currency, part of the supplies will already be paid in Russian rubles. This is really a new stage that opens up new opportunities, including for the development of our monetary and financial relations,” Novak said (quoted from “Interfax”).
How informed Press Secretary of the President of the Russian Federation Dmitry Peskov, the talks between the leaders of the two countries lasted a little more than four hours. Following the meeting, the parties agreed joint statement. It does not mention gas supplies.
Among other things, the Russian Federation and Turkey stressed the need to ensure the implementation of the Istanbul agreements, including the unhindered export of Russian grain, agreed to increase the volume of trade between the countries, as well as cooperation in the transport sector, industry, agriculture, and construction.
In addition, Putin and Erdogan noted that it is important to maintain the political unity and territorial integrity of Syria, and also reaffirmed their commitment to cooperation in the fight against terrorist organizations.
From April 1, the Russian authorities demanded that “unfriendly” countries, to which the Russian authorities include, among other things, all EU states, carried out settlements for gas supplies in Russian rubles, otherwise gas exports will be stopped. Poland, Bulgaria, Finland and the Netherlands have already waived these conditions.
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