MOSCOW (Sputnik) - Switching to payments in national currencies in Russian-Chinese trade is speeding up the process of global de-dollarization, China’s Charge d'Affaires to Russia Sun Weidong said on Wednesday.
"The existing economic partnership between China and Russia and the accumulated level of long-term trade have laid a firm basis for further deepening of the cooperation between our countries... Financial cooperation, such as payments in national currencies, that we are currently promoting, will facilitate global de-dollarization," Sun said during a conference on Russian-Chinese relations.
The volume of trade between the two countries has grown from $881 billion to $1.5 trillion, the diplomat said, adding that the trade cooperation between Russia and China focuses primarily on energy and agriculture.
"Energy cooperation continues to play an important role in relations between the two countries, in addition, agricultural products and seafood from Russia are increasingly entering the Chinese market. We have cooperation on major projects in the field of nuclear energy, aircraft construction, rocket engines, satellite navigation... In addition, there is constant settlement in local currencies," Sun said.
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Ghana is interested in purchasing a floating nuclear power plant from Russia, Ghanaian Ambassador to Russian Koma Steem Jehu-Appiah told Sputnik.
"I know that our minister of energy was here last year and signed a corresponding agreement. I think this is innovative, and in a conversation with the minister of energy, he said that the country is interested.
So, Ghana could purchase such a nuclear power plant," the diplomat said when asked about the possibility of Ghana purchasing a floating nuclear power plant.
Russia and Ghana began cooperation in the field of nuclear energy after signing an intergovernmental agreement in 2015.
The agreement outlined plans for joint work in the areas of training specialists, building nuclear power plants and related infrastructure, and providing maintenance services. In October 2023, representatives of Rosatom met with the Ghanaian Ministry of Energy in Cape Town. At the meeting, Russia proposed using floating nuclear power plants to supply power to ...
