Russian foreign minister says Russia and China need to move away from dollar to reduce risks of U.S. sanctions
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Russia and China need to work to further reduce their dependence on the dollar and switch to national currencies for trade in order to alleviate the risks of U.S. sanctions, says Russia’s top diplomat. In an interview with Chinese media, Russian Foreign Minister Sergey Lavrov said that Moscow and Beijing “need to move away from the use of Western-controlled international payment systems."