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Russia Calls On SCO To Replace Dollar In International Trade

War Without End Forum Index -> Middle East and Asia
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gadfly
Posted: Wed Jun 17, 2009 10:15 pm    Post subject: Russia Calls On SCO To Replace Dollar In International Trade

Russia Calls On SCO To Replace Dollar In International Trade

Heads of state of the Shanghai Cooperation Organization (SCO) member-nations hold a meeting in Yekaterinburg on June 16, 2009 during the SCO summit. Russia hosted the second day of a key security summit seen as a counter to US power with Iranian President Mahmoud Ahmadinejad, making his first foreign trip since his disputed re-election, in attendance.

Medvedev urges SCO nations to use their national currencies

Russian President Dmitry Medvedev sees it as expedient for SCO nations to more energetically use their national currencies in payments between them and to eventually switch over to a supra-national payment instruments.

As he addressed the Shanghai Cooperation Organization summit in Yekaterinburg, in the Urals, on Tuesday, Medvedev said one of Russian foreign policy priorities was the promotion of multi-field cooperation in the SCO framework.

Russia suggested calling in the framework of the Organization a special expert meeting involving financial agencies, officials of the SCO business council and the inter-bank alliance, the Russian leader said.

The idea, Medvedev said, is consonant with the proposals by China, Kazakhstan and some other countries for holding meetings involving the Finance Ministers and Chairmen of national central banks.

The Shanghai Cooperation Organization comprises Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan. India, Pakistan, Mongolia and Iran have an observer-nation status.


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Source: Voice of Russia
Ilana_Halevy
Posted: Wed Jun 17, 2009 10:19 pm    Post subject:

That means Russian prostitutes will not accept dollars anymore?

Hahaha

Year ago Iranoroaches decided to switch from dollar to euro. Since then euro fell and dollar grew.
gadfly
Posted: Thu Jun 18, 2009 12:19 am    Post subject:

ISRAELI PIMPS GET NOT US $
 

War Without End Forum Index -> Middle East and Asia
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