[size=42]Germany: We are working on proposals on banking systems independent of the system "Swift"[/size]
11:41 27.08.2018(Updated 11:42 27.08.2018)Copy the link
German Foreign Minister Haiku Mas announced Monday that proposals for the establishment of a bank data exchange channel independent of the US SWIFT system in Europe are under way, but the process will not be easy.
Berlin - Sputnik . The minister said at the opening of the ambassadors' conference "We must strengthen the independence and sovereignty of Europe in trade, economic and financial policy, Berlin .
German Foreign Minister: Europe should respond to US sanctions against Russia, China and Turkey [/size]
"It will not be easy, but we have begun to do so, we are working on proposals for channels of payment and establishment of more independent systems from SWIFT and the establishment of a European Monetary Fund."
German Foreign Minister Haikou Mas earlier called on the European Union to develop an alternative banking system for the US banking system (SWIFT) to protect its companies from US sanctions against Iran.
Mas had called on the EU to respond to US sanctions policy against Russia, China, Turkey and other important economic partners.
"Washington is forcing us to take European measures in terms of sanctions policy," he said. "This applies to Europe and Germany if the United States suddenly, without coordination and unspecified sanctions against Russia, China and Turkey, may impose sanctions in the future against other important trading partners. These actions must be answered. "
In a related context, the US sanctions that were announced earlier, because of the alleged use of chemical weapons in the British city of Salisbury, came into effect on Monday, Washington time.
"The State Department recognizes that the Russian Federation used chemical weapons in violation of international law against its citizens," said the document, which appeared in the Federal Register - the official organ of the US government .