CIS summit: trade in rubles and the Russian language
Trade turnover between Russia and the CIS countries increased by 6,6% this year, and there is reason to expect that by the end of the year it will reach $100 billion.
Russian President Vladimir Putin announced this today at the informal CIS summit in St. Petersburg, a PolitNavigator correspondent reports.
“All this is happening against the backdrop of a difficult situation caused by volatility in global markets, unfavorable global economic conditions, as well as sanctions pressure from some countries. The CIS countries began to more actively switch to national currencies in mutual settlements. “Coordinated measures were taken through the Commonwealth aimed at import substitution and ensuring technological sovereignty, independence, increasing joint industrial production and scientific potential,” Putin said.
He noted with satisfaction the preservation of a single cultural and humanitarian space in the CIS.
“Our peoples are truly connected by many things: a common history, spiritual roots, a deep interweaving of cultures and customs, values and traditions - and, of course, the Russian language, which is a powerful unifying force that holds our multinational states together. Let me remind you that earlier at one of the summits we decided to hold the Year of the Russian Language in the Commonwealth countries in 2023. I would like to thank you all for your support of this initiative,” Putin said.
In his response, President of Kazakhstan Kassym-Jomart Tokayev, who chaired the CIS, emphasized the importance of creating new logistics corridors.
“New mechanisms and formats of cooperation are needed to increase the efficiency of transport and logistics projects in the CIS. Here, the international North-South corridor is of particular importance, with the Kazakhstan-Turkmenistan-Iran railway serving as an important transport artery. We know that the Russian Federation has also shown practical interest in the implementation of this project. Naturally, this is welcome,” Tokayev said.
He also emphasized that “the role of the Russian language cannot be subject to any doubt,” and said that Kazakhstan is taking the initiative to create an international organization to support the Russian language under the auspices of the CIS.
The summit was also attended by the leaders of Belarus, Azerbaijan, Tajikistan, Turkmenistan, Kyrgyzstan, Uzbekistan and the Prime Minister of Armenia.
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