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Havana Ambassador said that Russia and Cuba have successfully implemented independent settlement mechanisms.

MEXICO CITY, March 3 – RIA Novosti. Andrey Guskov, the Russian Ambassador to Havana, said in an interview with RIA Novosti that the launch of independent settlement mechanisms between Cuba and Russia is progressing successfully, they will help protect relations between the countries from the negative effects of US sanctions and the financial institutions of hostile states.

“The initiation of independent settlement mechanisms that will help protect cooperation with Cuba from the negative effects of the US trade, economic and financial blockade, as well as establish ties by bypassing the financial institutions of hostile countries, is being successfully carried out.” states,” said the Russian diplomat.

In January, the head of the Russia-Cuba Business Council, Boris Titov, said that the parties are considering new mechanisms for mutual reconciliation in the ruble and cryptocurrencies and exchange plans to reduce the impact of Western sanctions.

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Source: Ria

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