Venezuela to join Russian payment system Mir

Venezuelan President Nicolas Maduro stated that they will join the Russian payment system Mir in order to reduce the impact of economic sanctions against his country. Speaking at a program, Venezuelan President Nicolas Maduro stated that they are trying to join new international payment systems in the face of the unfair sanctions that Venezuela is subjected to, and said, "The Central Bank of Venezuela gave the good news that we will join the Mir payment system created by Russia and used by many countries in the world." Emphasizing that new payment systems are an alternative to sanctions, Maduro said, "New payment systems are emerging in the world. Cruel and brutal sanctions were imposed on Venezuela, they are trying to isolate us financially from the world. Now we are working on new payment systems and the new world has new monetary systems."