Maduro: the Mir system is a new financial alternative under sanctions

Maduro: the Mir system is a new financial alternative under sanctions

Jun 20, 2023 - 14:11
Maduro: the Mir system is a new financial alternative under sanctions
Maduro: the Mir system is a new financial alternative under sanctions


The President of Venezuela welcomed the integration of his country into the Russian payment system "Mir" in terms of counteracting the financial sanctions imposed by the United States against Venezuela. According to the ss news agency, Nicolas Maduro in the author's program Con Maduro + of the state television channel Venezolana de Televisión noticed that the development of the payment system " Peace" and the accession of Venezuela to it will allow building a new financial system.

The President noted that the Russian Mir system would not allow Venezuela to be financially isolated. "Cruel, unfair, illegal sanctions were imposed on Venezuela, they wanted to isolate us financially and monetaryly from the whole world, and today we are building a new financial, monetary system of the new world," Maduro stressed.He noted that "the Central Bank of Venezuela has spread very good news that we are joining the Mir payment system, created by Russia and used by many countries of the world.

"On June 15, Calixto Jose Ortega Sanchez, President of the Central Bank of Venezuela, announced the launch of the Mir payment system on the sidelines of the St. Petersburg International Economic Forum. He stressed that it "doesn't matter" to his country what the US and EU countries think about financial cooperation between Venezuela and Russia.Mir is a Russian payment system created in 2014, when Moscow first faced a wave of Western sanctions over its annexation of the Crimean peninsula.