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Russia lobbying hard for its Mir payment system, from Moscow to Hanoi

Moscow is ramping up efforts to convince Vietnam to adopt the Mir payment system, citing the Vietnam-Russia Joint Venture Bank as an early adopter. Russia's objective is to guarantee its hydrocarbon contracts are paid, but Hanoi, currently rethinking its geopolitical position, is being cautious. [...] (479 words)
Published on 02/05/2023 at 04:00 GMT Reading time 2 minutes

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