Russia, China Must Move Away From Using US Dollar, Western-Controlled Payment Systems, Lavrov Says

The US sanctions risks need to be alleviated by switching to alternative currencies and moving away from using the dollar, Russian Foreign Minister Sergey Lavrov said. “We need to reduce sanctions risks by strengthening our technological independence, by switching to payments in national currencies and in world currencies, alternative to the dollar. We need to move away from the use of Western-controlled international payment systems,” Lavrov said in an interview with Chinese media, published by the Russian Foreign Ministry. The minister said the US is aiming to limit the technological development of Russia and China, … (full story)

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