Both facing pressure from Washington, Moscow and Ankara ditched the US dollar when finalizing their landmark S-400 air defense missile systems deal and will do so in the future, Russian leader Vladimir Putin said. “We understand that if we’ll make transactions in [US] dollars, they won’t come through,” Putin told reporters on Wednesday, citing his recent talks with Turkey’s leader Recep Tayyip Erdogan. “So we thought up another option.” Speaking at a business forum in Moscow, the Russian president noted that the ‘dollar-less’ S-400s deal with Turkey is just one recent example of the approach the nations share. The same will apply to “other types of goods” as well, he stressed. “We don’t have a goal of abandoning from the dollar, but we are forced to do so. And, I assure you, we will do it,” Putin said, adding that it will ultimately make global trade more secure and efficient.
This post originally appeared on SOTT.net