Venezuela Wants to Pay for Russia Imports With Its Cryptocurrency
Venezuela will use its own cryptocurrency dubbed Petro, while paying to Russia for the delivered automotive parts and components, Jose Vielma Mora, the Venezuelan minister of foreign trade, said.
On Monday, the Venezuelan Foreign Ministry said that the use of Petro in international transactions was on the agenda of the recent Russian-Venezuelan high-level intergovernmental commission. According to Mora, the cooperation of the Venezuelan side with the Russian KAMAZ company best known for its trucks.