Russia and Cuba decided to switch to payments in national currencies

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www.vsyako.netPhoto: Oleg Karsaev / “Kommersant”

Russia and Cuba discuss the transition to mutual payments in national currencies. This is stated in the message published on the website of the portal “the Future of Russia. National projects”.

This issue is still under discussion by the intergovernmental commissions and Central banks of the countries. It is expected that Cuba will be connected to the data transfer system of the Central Bank of Russia and will start selling in Moscow their goods for rubles. Accumulated in total in Cuba, the Russian currency will be used to pay for goods from Moscow. Currently, payments to Cuba is difficult because the country is under US sanctions.

The national project “international cooperation and the export” involves the increase in the share of exports of manufactures, agricultural products and services in the GDP to 20 percent. In addition, the expected growth in non-oil exports non-energy goods by 2024 to $ 250 billion.

Video, photo All from Russia.

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