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Russia: Putin calls for common payment system to raise economic sovereignty

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Subscribe to our channel! rupt.ly/subscribe Russian President Vladimir Putin proposed that the Eurasian Economic Unity (EAEU) state-members create a 'common payment system' in a bid to reduce the countries’ dependency on the dollar, as he hosted the meeting of the Supreme Eurasian Economic Council in Saint-Petersburg on Thursday. The Russian president suggested that a common payment mechanism, which is aimed at lowering dependency on dollar and other foreign currencies, would result in “the increase of economic sovereignty” of the Eurasian Economic Unity state-members. Besides a common payment system, Putin touched on issues such as the agreement on trade and economic...
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