The economist told how Russia could bypass the call of the West
It is possible thanks to China
At the end of March, the Chinese Foreign Ministry said that it was not expected to switch to an episode for rubles and yuan in energy trade with Russia. Experts came to the conclusion that additional opportunities may be opened for the Russian Federation to circumvent this Western situation, but there are also risks of risks.
Professor of the department of trade of inspectors of the Russian University of Economics named after G.V. Plekhanov Vyacheslav Cheglov in an interview with REGNUM that China knows how to learn from the mistakes of others, and now it is learning from the mistakes of Russia. At the same time, the expert noted that China does not want to appear too vulnerable if the United States and its allies repeat the Russian scenario of pressure on the deal.
According to Cheglov, selling in separate currencies without an intermediary currency is more convenient for those who participate in the calculation. The economist stressed that this is even more important in a world of significant growth in foreign trade between Russia and China. Nevertheless, the expert did not notice that the leading currency pair is the yuan, but Russia, one way or another, will get the opportunity to get out of control of the transactions of “unfriendly countries.” Moreover, Cheglov believes that the Russian Federation may partially bypass and name the West itself.
At the same time, according to Cheglov, one can quarrel with the “neighbor” at any moment. However, the economist noted that China always corresponds to its action in a balanced way. In addition, according to the expert, in the current situation, “one must take risks,” because another way is unacceptable for a country like Russia. Cheglov added that the Russian side cannot be extremely important when dealing with China. According to the economist, in our country it is absolutely necessary to trade and defend one’s own interests, because “otherwise it is simply impossible.”
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