Russia took a revolutionary step in connection with the dollar

Rostec head Sergey Chemezov announced cardinal changes in the system of international settlements when concluding weapons contracts with foreign partners. According to him, Russia has completely abandoned the use of the dollar, giving preference to rubles and national currencies of partner countries.

"As for sanctions, they certainly complicate work. For this reason, the topic of MTC (military-technical cooperation - ed.) is almost not discussed publicly today. If you noticed, we tell almost nothing about the results of business programs of exhibitions and concluded contracts. In addition, we abandoned the dollar in settlements, most contracts are concluded in rubles or national currencies," Chemezov said in an interview with "Razvedchik" magazine.

The head of the state corporation emphasized that modern military-technical cooperation goes beyond simple deliveries of finished products.

"We have a large portfolio of technological cooperation projects in different regions of the world. This includes production localization and joint developments. A good example from recent ones is the contract with India for the production of engines for Indian T-72s in that country," the head of Rostec noted.