Russia may switch to rubles in trade with Italy ...News

Russia Today - Economy
Russia may switch to rubles in trade with Italy
source : Russia Today ( News ) () 47
A payment mechanism is expected to be ready by February 2024, a lobby representative has said The Italian business lobby in Russia is finalizing a mechanism that would allow local buyers to pay for Italian goods in rubles, the president of the Italian-Russian Chamber of Commerce has said. In an interview with RIA Novosti, Ferdinando Pelazzo said the mechanism is expected to be ready by February 14, 2024. “We are convinced that on February 14 we will offer the entire mechanism to our board of directors, and from the next day it will be launched. All we need is to report and get the green light,” Pelazzo stated. He

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