Venezuela and Russia Discuss Mutual Trades in Petro and Russian Ruble: Report

Venezuela’s representative to the UN reportedly revealed that the country is working with Russia to use oil-backed coin Petro.
Venezuela is considering to close mutual trade settlements with Russia using the ruble, Russian government-backed TV channel RT reports on May 17. Jorge Valero.Venezuela’s representative to the United Nations in Geneva said they are also discussing uses for the state-owned Petro (PTR) cryptocurrency.Valero reportedly revealed that Venezuelan authorities are now working with Russia to find opportunities for eliminating the use of the United States dollar in trade deals

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