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Moscow & Cairo to drop USD, use national currencies in bilateral trade

 
djdandew1
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02/08/2015 06:56 PM
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Moscow & Cairo to drop USD, use national currencies in bilateral trade
Moscow & Cairo to drop USD, use national currencies in bilateral trade

Russia and Egypt might soon exclude the US dollar and use their national currencies in the settlement of accounts in bilateral trade, Russian President Vladimir Putin said in an interview to Egyptian media ahead of his Monday visit to the country.

READ MORE: Iran moves away from US dollar in foreign trade

The issue of abandoning the dollar in trade is “being actively discussed,” Putin told Al-Ahram daily newspaper ahead of his two-day trip to Egypt. The Russian president was invited for a bilateral meeting by his Egyptian counterpart Abdul Fattah al-Sisi.

[link to rt.com]
“This is a memo that describes how we’re going to take out seven countries in five years, starting with Iraq, and then Syria, Lebanon, Libya, Somalia, Sudan and, finishing off, Iran.” General Wesley Clark





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