by the State Council, yesterday (March 24) China and Belarus central bank signed a" Sino-Pak bilateral currencysettlement agreement."

According toPeople's Bank official website a notice approved by the State Council, yesterday (March 24) Bank of China and Belarus signed a" Sino-Pak bilateral currency settlement agreement."

of the agreementPBOC deputy governor Su Ning by the National Bank of Belarus Procopovici signed in Minsk, Belarus, China and Belarus to deepen economic cooperation between China and Belarus to facilitate trade and investment.

According to the agreement, the two main civil law and settlement of payment between the two countries can be allowed by law to use any currency (including China and Belarus in the local currency) for processing.This is the first non-border state and I signed the general agreement of trade settlement currency, the yuan also pilot the implementation of cross-border trade settlement and later a major progress.

Suning andProcopovici also held talks on further strengthening bilateral financial cooperation including the implementation of currency swap agreements to exchange views.

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