mo4ch:>Putin calls for common dollar-less payment system as key for economic sovereignty | Mo4ch News
Russian President Vladimir Putin opened the meeting of the Eurasian Economic Council Thursday by calling on the member states of the Eurasian Economic Union (EEU) to consider the idea of creating a common payment infrastructure.“We suggest that the issue of creating common payment infrastructure using up-to-date financial technologies in EEU should be developed,” he said.“That would enhance sustainability of national payment systems of the EEU countries by making them less dependent on the dollar and other foreign currencies,” the Russian president explained.Also on rt.comDollar-free monetary union: Russia-led free trade zone may adopt single currencyThis means “boosting economic sovereignty,” Putin added.He also suggested creating common energy markets within the EEU which would increase the union’s GDP to $9 billion, noting that trade turnover within the bloc rose by 12 percent in the first half of 2018.READ MORE: Russia's alternative to SWIFT payment system poised to eclipse t…