Russia phasing out US dollar in major arms deals with China

Russia’s Federal Service for Military-Technical Cooperation introduced the beginning of negotiations with its Chinese counterparts in an effort to counter off Washington’s sanctions.

“We are holding negotiations with our Chinese partners. The most important thing is to avoid disparities in other sectors due to the transition to mutual settlements in national currencies,” the service’s chief Dmitry Shugayev instructed NTV.

He added: “However, the sanctions have another negative aspect, namely to intimidate our partners quite unceremoniously.”

Shugayev instructed TASS earlier that he didn’t see any menace from Washington’s punitive measures towards contracts with China for the availability of Su-35 fighter jets and S-400 air protection techniques.

S-400 is a long-range air protection system designed to guard strategically necessary websites. It is able to destroying a number of aerial targets at a particularly lengthy vary of as much as 400 kilometers (almost 250 miles).

In September, the United States imposed sanctions on China because of the nation’s buy of 10 Sukhoi Su-35 fighter jets alongside with S-400s from Russia.

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