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MOSCOW, July 4 More than 80% of trade between Russia and China is carried out in rubles and yuan, said Russian President Vladimir Putin.
«More than 80 % of commercial transactions between Russia and the People's Republic of China are already carried out in rubles and yuan,» Putin said at the summit of the Council of Heads of State of the Shanghai Cooperation Organization (SCO).
He added that Russia's trade with member states of the association has increased in the past by more than a third, reaching a record $263 billion.
«And in January-April this year, it added another 35%,» the President of the Russian Federation noted.