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Kyrgyzstan: Erdogan vows to end 'dependence on the dollar' in world trade
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02.09.2018
Turkish President Recep Erdogan urged to eliminate the dominance of the US dollar in world trade while speaking at the Turkey - Kyrgyzstan business forum in Bishkek on Sunday.
"The dependance of international trade on the dollar is becoming a problem. It is high time to shift to national currency. Step-by-step we have to eliminate our dependence on the dollar," he stated.
Erdogan pointed out that the US dollar's dominance contradicts with "economic feasibility."
The Turkish president noted that Turkey is currently holding talks with Russia, Iran and China over shifting to trade in national currencies.
"The dependance of international trade on the dollar is becoming a problem. It is high time to shift to national currency. Step-by-step we have to eliminate our dependence on the dollar," he stated.
Erdogan pointed out that the US dollar's dominance contradicts with "economic feasibility."
The Turkish president noted that Turkey is currently holding talks with Russia, Iran and China over shifting to trade in national currencies.
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