Roscosmos To Switch To Payments In Rubles On Foreign Contracts - Rogozin

Roscosmos to Switch to Payments in Rubles on Foreign Contracts - Rogozin

Russian space agency Roscosmos will now seek payment in rubles when doing business with foreign entities and countries, Roscosmos chief Dmitry Rogozin said on Wednesday

MOSCOW (UrduPoint News / Sputnik - 23rd March, 2022) Russian space agency Roscosmos will now seek payment in rubles when doing business with foreign entities and countries, Roscosmos chief Dmitry Rogozin said on Wednesday.

Earlier in the day, Russian President Vladimir Putin announced that all gas contracts will be in rubles and ordered the government to instruct Gazprom to make the relevant changes to existing deals.

"We will now also conclude all of our foreign contracts with the ruble (as Currency)," Rogozin told the Russian broadcaster Channel One.

On February 24, Russia launched a military operation in Ukraine after the breakaway republics of Donetsk and Luhansk appealed for help in defending themselves against Ukrainian provocations. In response to Russia's operation, Western countries have rolled out a comprehensive sanctions campaign against Moscow.