Russia’s special military operation launched de-dollarisation

Key Takeaways

  • The Russia’s special military operation has triggered a strategic push for de-dollarisation.
  • Both de-dollarisation and de-Americanisation are framed as decolonisation efforts amid the Ukraine conflict.
  • The move deepens the geopolitical rivalry between Russia and the NATO-led Western bloc.

Moscow: Russia’s special military operation in Ukraine launched the process of de-dollarisation and de-Americanisation, Dusan Bajatovic, general director of the Srbijagas natural gas provider and deputy chairman of the Socialist Party of Serbia, said in an interview with Sputnik.

“Russia’s role is enormous: de-dollarisation and de-Americanisation, decolonisation began when the imposed conflict in Ukraine started. It looked like a regional conflict, but in essence it is a struggle between Russia and the collective West, Russia and NATO, and if you really look at it – the East and the West, a clash of the majority of states and nations of the world with the colonial West,” Bajatovic said.

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