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Russia trying to protect reserves from political repercussions, Siluanov says on exclusion of dollar from NWF
ST. PETERSBURG. June 4 (Interfax) - The exclusion of the U.S. dollar from Russia s National Welfare Fund (NWF) is an attempt to protect the country s reserves from various political repercussions, Finance Minister Anton Siluanov said in an interview with TV channel Rossiya24 at the St. Petersburg International Economic Forum. We ve decided to completely move away from the dollar in the structure of the National Welfare Fund s assets. Geopolitics. Yes, indeed, it matters. Why? Because our confidence in this currency, confidence in these assets is falling. And, naturally, we try to keep our resources, reserves in reliable assets, Siluanov said.
The main avenues of development of Eurasian economic integration until 2025 are meant to benefit citizens of the Eurasian Economic Union (EAEU), Aide to the Chairman of the Board of the Eurasian Economic Commission Iya Malkina said.