12.06.2023, 17:47
Pakistan reported payment in yuan for Russian oil
Source: OREANDA-NEWS
OREANDA-NEWS Pakistani Oil Minister Musadiq Malik said that the first batch of crude oil from Russia, which was paid for in yuan, had begun unloading in Karachi, Pakistan. This is reported by Reuters.
"We have conducted repeated tests of various mixtures of products, and under no circumstances will the processing of this crude oil lead to losses," he said.
The agency notes that usually the policy of export payments of Pakistan is dominated by settlements in US dollars.
On the eve of the Prime Minister of Pakistan Shahbaz Sharif said that the first batch of oil from Russia arrived in the Pakistani port of Karachi. On Monday, June 12, its unloading will begin.
In May, the Minister of Maritime Affairs of the Islamic Republic, Syed Faisal Sabzwari, said that Pakistan had gained direct access to the Russian market for the sale of its own goods and various types of products thanks to the opening of maritime trade links with the Russian Federation.
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