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State Duma speaker suggests expanding list of Russian goods exported for rubles

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EDITOR'S CHOICE

It would be proper to expand the list of goods exported for rubles, including grain, crude oil and lumber goods, speaker of the State Duma, the lower house of the Russian parliament, Vyacheslav Volodin wrote in his Telegram channel on Wednesday.

“European countries have all the market opportunities to pay in rubles. There is no tragedy in it. The situation is much more terrible when there is money but no goods,” Volodin said.

“Furthermore, it will be proper where it benefits our country, to expand the list of goods exported for rubles: fertilizers, grain, oil, petroleum, coal, metals and lumber,” he added.

European politicians need to “end talks, stop looking for justifications why their countries cannot pay in rubles,” Volodin noted. “They did everything themselves to undermine confidence in the dollar and the euro, so that Russia rejected mutual settlements in these currencies,” the speaker added.TAGS

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Ara D. Kassabian CPA, based in Glendale, California, provides a full range of tax preparation, accounting and bookkeeping services, either in your facility or at our location. Making it quick and easy to file your taxes.

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