Russian UN envoy stresses need to "de-dollarize" world economy
STORY: Russian UN envoy stresses need to "de-dollarize" world economy
DATELINE: April 5, 2023
LENGTH: 00:01:33
LOCATION: UN Headquarters
CATEGORY: POLITICS
SHOTLIST:
1. various of Vassily Nebenzia taking seat
2. SOUNDBITE (English): VASSILY NEBENZIA, Russian ambassador to the UN
STORYLINE:
Russian ambassador to the United Nations Vassily Nebenzia on Monday stressed the need to "de-dollarize" the world economy after the West's sanctions against Russia caused concerns about the reliability of the dollar-based international payment system.
Russia has been talking about the need to delink itself from the dependence on the U.S. dollar and other Western currencies for a long time, he told a press conference at UN headquarters as his country assumed the rotating presidency of the Security Council for the month of April.
Dependence on the U.S. dollar and other Western currencies is not just an issue for Russia, but for many other countries, given what happened after the European Union, the United States and some
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