Russia-China Committee Chairman: Payment Issues Between Russia and China Resolved
Quick Look
- Boris Titov, chairman of the Russia-China Committee of Friendship, Peace and Development, stated that payment issues between Russia and China have been tactically resolved.
- He noted that businesses have found solutions through existing clearing platforms, such as PSB, and no current problems exist for making payments.
AI-generated summary
Why It Matters
Boris Titov, chairman of the Russian part of the Russia-China Committee of Friendship, Peace and Development, stated that payment issues between Russia and China have been tactically resolved. The business has found a solution through clearing platforms.
MOSCOW, June 14. /TASS/. The business has bound good ways to implement payments between Russia and China and a number of issues is being explored at present at a more systemic level, chairman of the Russian part of the Russia-China Committee of Friendship, Peace and Development and special envoy of the Russian President Boris Titov told TASS in an interview.
More systemic issues are considered at present as "the issue of payments has been resolved by now in terms of tactics," Titov said.
"The business has found a solution as always - through clearing platforms that already exists and were even represented at the St. Petersburg International Economic Forum - PSB. No problems exist at present with making payments between Russia and China," he added.
Open Questions
- What specific systemic issues are being explored?
- What are the details of the PSB clearing platform?
