Putin: Russia and Turkey drafting agreement to expand settlements in national currencies

Putin: Russia and Turkey drafting agreement to expand settlements in national currencies

Russia and Turkey are drafting an intergovernmental agreement on expanding settlements in national currencies between the two countries, Russian President Vladimir Putin said.

"We are drafting an intergovernmental agreement aimed at further expansion of settlements in national currencies in mutual trade. It will ensure uninterrupted transaction services," the Russian leader said after the talks with Turkish President Recep Tayyip Erdogan.

Putin noted that the parties discussed this issue during the negotiations, in particular at the ministerial level.

In addition, the Russian head of state noted that in 2018, trade between Russia and Turkey increased by 16% and reached $ 25.5 billion.

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