Russian Ambassador to Bangladesh Alexander Mantytskiy on Thursday said his country and Bangladesh are working out modalities to keep transactions and trade uninterrupted, avoiding the SWIFT system following the Ukraine crisis.
He said different options are being considered, including swap of national currencies and usage of third country's banks.
The Russian ambassador made the remarks at a press conference at the Russian Club highlighting Bangladesh-Russia economic cooperation and its development.
The press conference titled "One month of Russia's special military operation in Ukraine: causes and results. The world of post-truth" covered five key areas - the background of the Russia-Ukraine conflict, Russia's diplomatic efforts aimed at avoiding the conflict, the results of the Russia's special military operation, role of the West in the militarization and Nazification of Ukraine, economic consequences of the conflict and Russia-Bangladesh relations in a new reality.
Responding to a question on Bangladesh’s voting at the UNGA on March 2, the Russian envoy said they highly appreciate Bangladesh's "responsible and balanced" attitude towards the resolution.
"We express our gratitude to the Bangladeshi side for its neutral position taken despite the enormous external pressure during the said voting," he said.
The ambassador said Bangladesh Foreign Minister AK Abdul Momen very specifically defined the motives behind Bangladesh's abstention. "So, I've nothing more to add."
