Russia & Syria to dump dollar in mutual trade, agree joint energy projects

Russia & Syria to dump dollar in mutual trade, agree joint energy projects

The Moscow-Damascus Intergovernmental panel has reached a series of agreements, including switching to national currencies in mutual settlements and commercial energy exploration in Syria. “Mutual settlements, transport and logistics – as far as I’m concerned these issues have been settled,” Vladimir Padalko, Vice-President of the Russian Chamber of Commerce and Industry told journalists on the sidelines of an annual meeting of the Russian-Syrian commission for trade, economic, scientific and technical cooperation, taking place in Damascus.