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Vladimir Putin: We are planning to switch to rubles for natural gas sales payments


Russia has focused international locations which have imposed sanctions due to the Ukraine struggle.

Accordingly, the Moscow administration has printed a listing of “unfriendly” international locations in the direction of Russia.

DECISION FOR NATURAL GAS PAYMENTS

A decree signed by Russian President Vladimir Putin on March 5 allowed Russian firms to repay their money owed in rubles to firms in unfriendly international locations.

In his final assertion, Putin gave the message that they are going to switch to rubles in natural gas sales payments, “We plan to switch to Russian rubles for payments for natural gas sales to unfriendly international locations.” mentioned.

TO BE TRANSFERRED IN RUBLES

Concerning the gas equipped to these international locations, Putin mentioned: teI’ve determined to implement a sequence of measures to make sure that the payments for our equipped natural gas are transferred in Russian rubles as quickly as attainable. he mentioned.

Putin additionally famous that Russia will proceed to provide gas to different international locations in accordance with the amount and costs stipulated within the beforehand signed contracts.

“DOES NOT MEAN TO USE DOLLAR AND EURO”

Nations such because the USA, European Union international locations, the UK, South Korea, Japan, Ukraine, Switzerland and Singapore are on the Moscow administration’s “unfriendly international locations” record.

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“In contrast to a few of our colleagues, we worth our enterprise popularity as a dependable accomplice and provider” Vladimir Putin mentioned that there is no such thing as a level in utilizing {dollars} and euros in the course of the export of merchandise to the USA and the EU.

Vladimir Putin: We are planning to switch to rubles for natural gas sales payments #1

GOVERNMENT INSTRUCTIONS

Concerning the foreign money resolution, Putin emphasised that after the natural gas agreements with unfriendly international locations are transformed into rubles, international shoppers ought to give you the option to take the required actions and that future modifications will solely have an effect on the fee foreign money.

In accordance to the information of TASS, Putin “I ask the federal government to situation a related directive to Gazprom on the modification of present contracts. On the similar time, all international shoppers ought to be supplied with the chance to take the required motion.” he added.

RUBLE INCREASED AFTER PUTIN’S ANNOUNCEMENT

The Russian authorities accepted the record of “unfriendly” international locations to Russia on March 7.

After Putin’s statements, the greenback/ruble parity declined by almost 3 p.c and fell under 100 for the primary time since March 3.

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https://m.ensonhaber.com/dunya/vladimir-putin-dogalgaz-satisi-odemelerinde-rubleye-gecmeyi-planliyoruz

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