The Director and expert on Russian energy security Stanislav Mitrakhovich said on Monday that Libya and Russia are two countries that are part of the OPEC alliance and can agree on joint decisions on the export of oil, wheat and other foodstuffs from Russia, and also that the two countries can agree to build railways with investment from the Russian Railways in the case of adequate security in Libya.
Stanislav added that it is possible that direct trade agreements will be with the exception of the US dollar, and the possible use of the Russian ruble in addition to the exchanges of oil and natural gas.
Stanislav stressed that with regard to Russia’s economic activity in the Middle East and North Africa, there are many countries that may be different cases. Local financial institutions and consumer brands are now replacing Western companies in Russia, as Turkey and the UAE receive payments with the Russian “Mri” card and can be used instead From Visa / MC .