BCN-39 Russia accelerating efforts to dump dollar, warns senior diplomat

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BCN-39

RUSSIA-DOLLAR-TRADE-OPERATION

Russia accelerating efforts to dump dollar, warns senior diplomat

MOSCOW, August 24, 2018 (BSS/TASS) – Moscow will definitely respond to
Washington’s latest sanctions and in particular, it will step up efforts to
abandon the dollar in trade operations, Deputy Foreign Minister Sergei
Ryabkov said in an interview with International Affairs magazine. Extracts
from the interview were available on the publication’s website on Thursday.

“The time has come when we need to go from words to actions, and get rid of
the dollar as a means of mutual settlements, and look for other
alternatives,” Ryabkov said. “Thank God, this is happening, and we will speed
up this work,” he emphasized.

“Besides that we must take retaliatory measures. Considering the logic and
mentality that exist we should not leave their sanctions unanswered,” he
stressed.

The lack of a direct answer to the challenge is only seen as a sign of
weakness there and for the hotheads in Washington it is another reason to
crank up pressure,” the diplomat noted.

BSS/TASS/HR/1225