SFPS, 2014
- there are plans to integrate the Russian SPFS network with the China-based Cross-Border Inter-Bank Payments System (CBIBPS), while the Russian government is also in talks to expand SPFS to developing countries such as Turkey and Iran. Since 2019 many agreements have also been reached to link SPFS to other countries payment systems in China, India, Iran, as well as the countries within the Eurasian Economic Union (EAEU) which includes Armenia, Belarus, Kazakhstan, Kyrgyzstan. The EAEU also has Free Trade Agreements with Serbia, Singapore and Vietnam with multiple other deals pending. At the end of 2020, 23 foreign banks connected to the SPFS from Armenia, Belarus, Germany, Kazakhstan, Kyrgyzstan, and Switzerland..
https://www.russia-briefing.com/news/spfs-russia-s-alternative-to-swift.html/
squashkin@wolfballs.com 3 years ago
doesn't sound like a good precedent
another rep or maybe same one talked of banning russian students from u.s. universities