Military Review

The share of settlements in national currencies between the Russian Federation and the PRC is gradually increasing.

33
Financial regulators of Russia and China are working on the issue of prolongation of a bilateral agreement on currency swap on 3, reports Expert Online With reference to the Deputy Prime Minister - Head of the Government Office of the Russian Federation Sergey Prikhodko.




At present, the financial regulators of the two countries are working on the issue of prolongation of a bilateral agreement on currency swap from 13 in October 2014 for the next three years,
Prikhodko said.

He noted that Russian-Chinese cooperation in the financial sector has been developing quite actively in recent years.

The share of payments in national currencies is gradually increasing. At the end of 2016, the share of national currencies in the calculations for the export of Russian goods and services amounted to 13%, for imports - 16%. In the first quarter of 2017, these figures increased to 16% and 18%, respectively,
told the vice-premier.

He recalled that "to expand the use of the national currency in international payments, China has developed a system of cross-border payments in yuan by the China International Payments System (CIPS), to which a number of Russian banks have already connected."

According to Prikhodko, the urgent issue of bilateral financial cooperation is the interaction of payment systems.

Thus, the Russian National Payment Card System (NSPK) and the Chinese UnionPay entered into agreements that provide for the processing of domestic operations using UnionPay cards at NSPK and the provision of settlement services for these operations. In addition, in 2017, a pilot project of UnionPay and the Agricultural Bank for the production of co-binging cards "Mir" was implemented,
added on.

The publication notes that currency swaps can be considered as one of the measures that will make the ruble and yuan more sustainable, which in turn will have a positive impact on the stability of the global financial system.

China has become Russia's largest trading partner with a turnover of $ 100 billion, pushing Germany aside.
Photos used:
http://www.globallookpress.com
33 comments
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  1. jjj
    jjj 1 November 2017 12: 44
    +4
    So little by little, little by little, the world begins to say goodbye to the dollar
    1. NIKNN
      NIKNN 1 November 2017 12: 46
      +5
      Quote: jjj
      So little by little, little by little, the world begins to say goodbye to the dollar

      The share of settlements in national currencies between the Russian Federation and the PRC is gradually increasing.
      But it’s nice how ..., although I probably won’t see a bright future, but it is pleasant ... smile
      1. bagr69
        bagr69 1 November 2017 12: 51
        +1
        In general, this is a drop in the ocean, still work and work.
        And our "piggy bank" must be returned to Russia, otherwise we increase payments in national currencies, and we invest considerable funds in the US economy in dollars.
        1. NIKNN
          NIKNN 1 November 2017 12: 57
          +2
          Quote: bagr69
          In general, this is a drop in the ocean, still work and work.

          Of course, the main thing is not to stop, otherwise our liberals don’t want to ...
          1. Nasrat
            Nasrat 1 November 2017 13: 25
            +3
            Quote: NIKNN

            Of course and most importantly do not stop, and then our liberals do not want to do this ...

            but they don’t want to in China !!! wassat The Chinese have one god - money, preferably dollars! .... bully They made the Russian bear pleasant .... and the rest of the calculations are only in dollars! such an oriental approach!
            our turnover with China is just a tear of a child ... compared with the turnover of China and the West!

            in a word - the numbers voiced - this is the desire of the Chenush of Russia and no more.

            louder cheers !!! - comrades!

            bully
            1. sogdy
              sogdy 1 November 2017 14: 28
              0
              Quote: Nasr
              They made the Russian bear pleasant .... and the rest of the calculations are only in dollars!

              All calculations for the Belt and the Silk Road are only in RMB and national currency. This is a preventive condition.
              Calculation in euros and dollars - only assets.
              For those in the tank, US government bonds are not converted into paper dollars.
              1. Nasrat
                Nasrat 1 November 2017 15: 16
                +2
                Quote: sogdy

                All calculations for the Belt and the Silk Road are only in RMB and national currency. This is a preventive condition.

                He returned from China last week - the Chinese are selling everything in dollars (for us) ... bully
                Spit they silk road ...
          2. Shurik70
            Shurik70 1 November 2017 13: 29
            +1
            Quote: jjj
            So little by little, little by little, the world begins to say goodbye to the dollar

            Exactly a bit. 2-3% per quarter, and only between Russia and China, it is another ten years to wait until the dollar collapses.
            This is how much nasty things for mankind can do in 10 years.
            1. sogdy
              sogdy 1 November 2017 14: 36
              0
              There are also England, the republics of Central Asia, South America.
              China has reached Europe - and it has nothing to pay, it is barely able to pay off the Russian Federation, since the Russian Federation also does not take wrappers.
            2. Krasnodar
              Krasnodar 1 November 2017 19: 28
              0
              Quote: Shurik70
              Quote: jjj
              So little by little, little by little, the world begins to say goodbye to the dollar

              Exactly a bit. 2-3% per quarter, and only between Russia and China, it is another ten years to wait until the dollar collapses.
              This is how much nasty things for mankind can do in 10 years.

              I've been waiting for 35 years
        2. Nikolai Grek
          Nikolai Grek 2 November 2017 01: 14
          +5
          Quote: bagr69
          Generally it’s a drop in the ocean, still work and work

          right now wada will reach the Chinese athletes, and the process will accelerate !! wassat wassat laughing laughing laughing
    2. You Vlad
      You Vlad 1 November 2017 12: 58
      +1
      Quote: jjj
      So little by little, little by little, the world begins to say goodbye to the dollar

      And in October wink The Chinese Currency Trading System (CFETS) announced the creation of a payment system for transactions in RMB and Russian rubles. A payment system for trading in RMB and other foreign currencies was created for the first time.

      The PVP (payment versus payment) system, which allows transactions in two different currencies, was launched on Monday after the approval of the People’s Bank of China, while it works in ruble-yuan mode ...

      In fact, this platform will allow for settlements without the intermediation of the dollar. According to CFETS, PVP will reduce risks in settlements and improve the efficiency of the foreign exchange market.

      CFETS also announced that it plans to create similar systems for the RMB and other currencies within the framework of the One Belt, One Way project, which will correspond to the process of internationalizing the renminbi.
      1. Krasnodar
        Krasnodar 1 November 2017 19: 30
        0
        Quote: you Vlad
        Quote: jjj
        So little by little, little by little, the world begins to say goodbye to the dollar

        And in October wink The Chinese Currency Trading System (CFETS) announced the creation of a payment system for transactions in RMB and Russian rubles. A payment system for trading in RMB and other foreign currencies was created for the first time.

        The PVP (payment versus payment) system, which allows transactions in two different currencies, was launched on Monday after the approval of the People’s Bank of China, while it works in ruble-yuan mode ...

        In fact, this platform will allow for settlements without the intermediation of the dollar. According to CFETS, PVP will reduce risks in settlements and improve the efficiency of the foreign exchange market.

        CFETS also announced that it plans to create similar systems for the RMB and other currencies within the framework of the One Belt, One Way project, which will correspond to the process of internationalizing the renminbi.

        Interestingly, how will the yuan against the ruble be calculated? With reference to the pound sterling or Swiss franc.
        1. You Vlad
          You Vlad 1 November 2017 20: 22
          0
          Quote: Krasnodar
          Interestingly, how will the yuan against the ruble be calculated? With reference to the pound sterling or Swiss franc.

          To gold.
    3. ID90
      ID90 1 November 2017 13: 14
      +2
      author.
      where does 100 billion come from?
      officially 66.
      and China has occupied first place in commodity circulation for several years.
      and Russia supplies almost one raw material (more than 80%)
      and China machinery and equipment (over 60%) and clothing with shoes 12%
      article stupid MAPS gives.
      1. sogdy
        sogdy 1 November 2017 14: 50
        0
        Quote: ID90
        where does 100 billion come from?
        officially 66.

        So maybe the liberals do not know everything?
        Quote: ID90
        and China machinery and equipment (over 60%) and clothing with shoes 12%

        Adnaka, worth reading Mukhin. He chews for the most stubborn wrestlers and saviors of the world. Keywords - logistics, economics (real) and ecology.
        Such a country we have is large, but it is always necessary not where it can be produced. To saturate with technology, we, adnak, and not 10 years.
        Well, there’s the same option - forced relocation, massive. Do you agree?
    4. Chestnut
      Chestnut 1 November 2017 14: 24
      +1
      Quote: jjj
      So little by little, little by little, the world begins to say goodbye to the dollar

      Like a Russian proverb: from fire to fire.
      In addition to wheat, oil, gas, we have nothing to sell, only in the hands of China.
      1. Fkjydjckfrgh
        Fkjydjckfrgh 1 November 2017 14: 43
        +1
        but it is always in trend that wheat, oil ... Production does not need to be reoriented.
  2. aszzz888
    aszzz888 1 November 2017 12: 50
    0
    ... dump green paper overboard, quietly .. bully
  3. Egorovich
    Egorovich 1 November 2017 12: 55
    +5
    The dollar is already crying, but it soon seems to sob. Not immediately Moscow was built.
    1. shvn
      shvn 1 November 2017 14: 26
      +1
      Wasn't he crying early? Or is it tears from laughing at us?
  4. rotmistr60
    rotmistr60 1 November 2017 12: 55
    +2
    will make the ruble and the yuan more stable

    The interaction between Russia and China is pleasing. If I’m not mistaken, but some of the financial, economic and self-appointed "gurus" have explained that a stable ruble in the present harmful to the economy and its exchange rate against the currency should be floating ... It seems to me that if we got rid of these “gurus” with a liberal bias and orientation toward the United States, then there would have been no problems with the economy for a long time, or at least much less .
    1. cniza
      cniza 1 November 2017 12: 58
      +1
      Kudrin and companies will sob.
  5. Gormenghast
    Gormenghast 1 November 2017 13: 13
    +1
    Of course, the nefarious people from the USA will not be able to influence such deals in any way, from the word at all. am However, on the other hand, these transactions alone cannot affect the dollar in any way, because these percentages in absolute terms are expressed in ridiculous billions sad , then how to extinguish (in the sense, soak in the toilet laughing ) transactions in trillions - then the USA will end and come.

    Now, if not only Russian, but also Saudi oil will be quoted in RMB, then yes.
  6. Runoway
    Runoway 1 November 2017 13: 16
    0
    Make yuan with us repeat so that there are no more 1998,2008,2014
    1. sogdy
      sogdy 1 November 2017 14: 55
      0
      And the yuan has problems ...
  7. Retvizan 8
    Retvizan 8 1 November 2017 13: 26
    +3
    “Refusal of the dollar” is all a fairy tale “about the White Bull”! No one will refuse the “green” in the foreseeable future, thereby we will continue to stimulate the US economy.
  8. rocket757
    rocket757 1 November 2017 14: 47
    +4
    The Chinese are still those "zholtolitsie brothers" .... however, but on the other hand, they are waiting for us with open arms ???
    The choice is not great.
    So, do what you should and be what happens !!!
  9. valerei
    valerei 1 November 2017 15: 05
    0
    [quote = jjj] So little by little, little by little the world begins to say goodbye to the dollar [/ quote
    Yes, what a "World"! What, Russia and China "Mir" or what? About 90% of China's trade is Europe and the United States. That's where the dollars are spinning. And the Chinese will steal their yuan, but they don’t go anywhere, so buy from the Chinese again! The circle is closed. Of course, no one will ask us and the contracts, of course, have already been signed, so is it worthless to shake the air on this site? As the saying goes: "La la poplar." There is an axiom: the Chinese will never do anything at a loss, which is why everywhere in the world, wherever you spit - everywhere is Chinese. And with the RMB, the Chinese will heat our "financiers" if they have not already.
    1. rocket757
      rocket757 1 November 2017 15: 26
      +4
      Suppose EVERYTHING flies through business and investment, there are no exceptions. They don’t like to talk about it, they hide it ... the image of SUCCESSFUL BUSINESSMEN INVESTORS, ours is everything !!!
      No one keeps such statistics, however, it is dangerous.
      But for the yuan, I would not be afraid ... for them a lot is bought and sold.
      Not one dollar world wedge converged !!!
      Let's see, wait, can this experiment turn out to be successful?
  10. Sergey53
    Sergey53 1 November 2017 16: 34
    0
    With this method, we gradually fall off the dollar. In general, we need to trade gas and oil for rubles. Who should they buy. We need to think about ourselves and not the USA.
  11. APASUS
    APASUS 1 November 2017 19: 30
    0
    This is such a long way and we will still break firewood on it. At the same time, while the USA has completely furnished us. The project of opening an exchange for rubles is opening and opening. Yes, and China is still an unreliable ally, if Putin convinced Saudi Arabia to trade at least for the Euro, well, Arabia, at least Qatar
  12. rocket757
    rocket757 2 November 2017 14: 55
    +3
    Quote: APASUS
    This is such a long way and we will still break firewood on it. At the same time, while the USA has completely furnished us. The project of opening an exchange for rubles is opening and opening. Yes, and China is still an unreliable ally, if Putin convinced Saudi Arabia to trade at least for the Euro, well, Arabia, at least Qatar

    And we’ll break firewood. we’ll fill the cones !!! so at the same time we’ll warm up !!!
    It’s better to do what you think is NECESSARY / NECESSARY to do, than to stand aside with a smart / silly look and ... do nothing. freeze completely however !!!