Al-Marsad Newspaper: Russian President Vladimir Putin announced the use of the Chinese yuan in settlements and commercial transactions with Asian, African and Latin American countries.
“We support the use of the Chinese yuan in settlements between the Russian Federation and the countries of Asia, Africa and Latin America,” he said during his talks with Chinese President Xi Jinping.
And the Russian president continued: “I am confident that this formula of trading in the yuan will be developed between Russian partners and colleagues from third countries.”
“It is significant that national currencies are increasingly being used in mutual trade, and this practice should be further encouraged,” Putin added.