Russia does not seek 'de-dollarisation', open to payment methods, Kremlin says
Some countries are using their national currency as a political tool, he added, without naming any country.
Russia does not seek "de-dollarisation" and is open to every acceptable method of payment, Kremlin spokesperson Dmitry Peskov said on Tuesday, in a virtual interaction with Indian reporters, days before the BRICS leaders' summit in New Delhi.
Some countries are using their national currency as a political tool, he added, without naming any country.
Russian President Vladimir Putin will participate in the September 12–13 summit in New Delhi to promote security, the economy, finance, and culture, while also holding bilateral talks with Indian Prime Minister Narendra Modi on Friday to focus heavily on trade and economic ties.
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Key items on the agenda between the two nations include expanding cooperation on rare earths exploration, addressing Russia's accumulation of excess rupees from national currency transactions—which Peskov noted account for 90% of trade among BRICS members—and discussing the potential sale of Russia's Sukhoi Su-57 stealth fighter jet to India, all within the context of a expanding BRICS bloc that comprises Brazil, Russia, India, China, South Africa, Ethiopia, Egypt, Indonesia, Iran, and the UAE.
