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Comments by "Gary VAQ" (@stlouisix1) on "China u0026 India resolve dispute. Ukraine out of soldiers, enter France. Austin in Kiev. Kamala u0026 Liz" video.
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Russia and Iran have almost fully phased out the use of foreign currencies in bilateral trade, the Kremlin has said ahead of the BRICS Summit in the Russian city of Kazan. The two nations cover more than 96% of mutual settlements in rubles and rials, the statement said.
Bilateral trade volume has grown by 12.4% in the first eight months of this year alone, Moscow said, adding that in 2023, it amounted to more than $4 billion. “Both nations’ leadership pays priority attention to developing trade and economic relations,” the statement said.
According to the Kremlin, Russia and Iran are jointly developing several major transport and energy projects, including the construction of new generating units at the Bushehr Nuclear Power Plant in the Islamic Republic and the International North-South Transport Corridor, which will link St. Petersburg, Russia with the Indian port city of Mumbai. - RT
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