New payment tools needed to respond to SWIFT disconnection threats – Lavrov
<p> MINSK, Dec 1 - PrimePress. Considering the threat of the disconnection from the Society for Worldwide Interbank Financial Telecommunications (SWIFT), new payment tools independent from the West are needed, Russian Foreign Minister Sergei Lavrov told reporters after a session of the Council of CSTO Foreign Ministers. </p> <p> </p> <p> “Some actors seek destabilization, presenting ultimatums and fomenting threats, primarily because this system, which was created by the Americans and their allies, serves financial flows to ensure normal commodity exchanges and, basically, all other economic aspects. The point is clear: our own tools should be developed to be independent from the West,” he said. </p> <p> </p> <p> He considers it unsafe to rely on multilateral instruments that are entirely controlled by Western countries. </p> <p> </p> <p> Earlier, former presidential candidate Svetlana Tikhanovskaya stated her intention to seek additional sanctions against Minsk, in particular, the disconnection of Belarusian banks from SWIFT. End </p>
2020-12-01
Primepress
New payment tools needed to respond to SWIFT disconnection threats – Lavrov
MINSK, Dec 1 - PrimePress. Considering the threat of the disconnection from the Society for Worldwide Interbank Financial Telecommunications (SWIFT), new payment tools independent from the West are needed, Russian Foreign Minister Sergei Lavrov told reporters after a session of the Council of CSTO Foreign Ministers.
“Some actors seek destabilization, presenting ultimatums and fomenting threats, primarily because this system, which was created by the Americans and their allies, serves financial flows to ensure normal commodity exchanges and, basically, all other economic aspects. The point is clear: our own tools should be developed to be independent from the West,” he said.
He considers it unsafe to rely on multilateral instruments that are entirely controlled by Western countries.
Earlier, former presidential candidate Svetlana Tikhanovskaya stated her intention to seek additional sanctions against Minsk, in particular, the disconnection of Belarusian banks from SWIFT. End