Russia should ditch dollar in trade with African countries – economist to RT ...News

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Russia should ditch dollar in trade with African countries – economist to RT
Settlements in national currencies are key to boosting commerce, an African studies professor says Western sanctions have prompted Russia to develop stronger economic ties with African countries, and switching to national currencies instead of using the dollar and euro in mutual trade will further boost cooperation, the head of the Institute for African Studies of the Russian Academy of Sciences said in an interview with RT. According to Irina Abramova, Russia-Africa ties gained momentum last year, after Western countries sanctioned Moscow over the conflict in Ukraine. Around 30 large Russian companies are already

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