Shuvalov made a motion to enter into fresh export contracts in Asia in rubles
Russia should conclude all fresh export contracts with countries in the Asia-Pacific region, says the 1st Deputy Prime Minister Igor Shuvalov.
" fresh contracts should be concluded in rubles, and energy, " he said, according to ITAR-TASS." in contract it will not always be done, although this work should be carried out ", - noted Igor Shuvalov, noting, because it is a complex process." the organization signed contracts to change already do not wish, " said he. But some organizations reported that " have already begun legal work in order to add to the contract stipulation that payments are able to be conducted not only in dollars, so summing to the fact that the payments will be in rubles, " said Shuvalov." I mean organization, working not only in the Chinese direction, " he added. We emphasize that now the Ministry of Finance is examining the question of transfer payments for certain types of export items for rubles. The idea arose against the backdrop of the introduction of Western sanctions against Russia for its position in Ukraine and the Crimea. Most trading partners are already using the ruble in trade with Russia: for example, Chinese, some European and until recently, Ukrainian. Also, the authorities made the offer to move to the settlements in rubles Russia and the DPRK. Shuvalov Also said that China requested the Russian Federation to soften the Law of the Russian Federation on foreign investments in strategic enterprises. According to him, this topic was raised at a meeting with representatives of major Chinese commercial credit institutions." They asked
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