Venezuela, Russia advance in de-dollarization process, says Venezuelan FM

Xinhua
17 Nov 2023, 09:30 GMT+10

CARACAS, Nov. 16 (Xinhua) -- Venezuela and Russia are moving forward in their de-dollarization process to protect and boost their financial, commercial and economic relations, Venezuelan Foreign Minister Yvan Gil said on Thursday.

Gil held a meeting in Moscow with his Russian counterpart, Sergei Lavrov, where they agreed to "reinforce" financial communication between the central banks of the two countries, he said on social media.

The official noted that the Russian Mir payment system was already 100 percent operational throughout Venezuela.

Gil also said in a statement, published by the official Agencia Venezolana de Noticias, that "Venezuela is willing to join the BRICS group as soon as possible."

For his part, Lavrov said that Russia will support "the desire of our friends to cooperate and actively participate in this association."

Gil said the West seeks to undermine the sovereignty of Russia and Venezuela, but it will not succeed, since Moscow and Caracas "will protect their bilateral relations from all kinds of unilateral restrictive measures."

He added that Venezuela and Russia have reached "important agreements" to counteract the West's sanctions policy, according to Agencia Venezolana de Noticias.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Tennis Times.

More Information

30 ℃

Mostly Cloudy in Seletar

Sports

Section

"We played a good game," says Ancelotti after Real's 1-1 draw against Betis

Sevilla [Spain], December 10 (ANI): After Real Madrid shared points with Real Betis in La Liga at Benito Villamarin in ...

NHL roundup: Isles tag Kings with first road loss

(Photo credit: John Jones-USA TODAY Sports) Jean-Gabriel Pageau scored 13 seconds into overtime on Saturday night for the New York ...

"Money spent on Vrinda, Kashvee is monumental"; Saba Karim on WPL Auction

New Delhi [India], December 10 (ANI): Former Indian cricketer Saba Karim said the huge sums spent by franchises on uncapped ...

FIH Women's Junior Hockey World Cup: India earn 9th-place finish following 3-2 win over USA on penalties

Santiago [Chile], December 10 (ANI): In an exhilarating classification match of the FIH Hockey Women's Junior World Cup 2023, the ...

Elias Pettersson's late goal propels Canucks past Hurricanes

(Photo credit: Bob Frid-USA TODAY Sports) Elias Pettersson scored the game-winning goal and also had two assists and Thatcher Demko ...

Nikita Kucherov strikes as Lightning beat Kraken in OT

(Photo credit: Joe Nicholson-USA TODAY Sports) Nikita Kucherov, the NHL's scoring leader, had two goals and an assist -- including ...

Lifestyle

Section