Russia is ready to settle accounts with Egypt in national currencies and the relevant agencies are looking into this option, Russian President Vladimir Putin has said.

Russia is ready to settle accounts with Egypt in national currencies and the relevant agencies are looking into this option, Russian President Vladimir Putin has said.

"I should note that we already use national currencies for trade with a number of the CIS States, and China. This practice proves its worth; we are ready to adopt it in our relations with Egypt as well. This issue is being discussed in substance by relevant agencies of both countries," he said in an interview with the Egyptian daily Al-Ahram ahead of his visit to Cairo.

"This issue is really being actively discussed, primarily because the tourist season will begin in Egypt soon," the president said.

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