Farewell, petrodollar?

Karim Massimov, the Kazakh Prime Minister, offered to proceed to settlements in the national currencies at the meeting of the Council of Heads of Governments of the Shanghai Cooperation Organization (Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan). "We consider it possible to start mutual settlements in national currencies. We already have developments at the bilateral level, which could be transferred onto the entire organization", - Massimov stated.

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