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US trying to dictate to the world, what to consider fake money

US trying to dictate to the world, what to consider fake money

On the confiscation of the products of the Russian Goznak

At the end of May, the story of the confiscation by the authorities of Malta of a cargo made a big response in the media., which was heading from Russia to Libya. It's about a batch of banknotes, which were printed at the Russian enterprise Goznak by order of the Central Bank of Libya. In terms of this batch of Libyan dinars is equivalent to the amount 1,1 billion US dollars. The detention of cargo at the customs of Malta occurred in September last year, for many months the cargo was in stock and no decision was made on its fate.

The story came to life 26 May, when the US Department of State made a public statement on the matter. State Department expresses gratitude to the government of Malta, intercepted the "fake" Libyan dinars. "The influx of counterfeit Libyan currency, printed in Russia, in recent years has exacerbated the economic problems of Libya ", - said in a statement. It is noted there, what “The only legitimate central bank in the country is the Libyan Central Bank in Tripoli”.

State Department statement draws attention to such issues again, how difficult is the domestic political situation in Libya and fake money in the global economy. As follows from the text of the statement, Russia previously supplied “fake” money to Libya. Moscow made no secret of that, what in 2015 a year between the Libyan Central Bank and the Russian specialized enterprise Goznak a contract was signed for the production of paper banknotes in the form of banknotes approved by the Libyan side of the design. The contract went through the approval process by the Libyan parliament. Some previous deliveries of banknotes from Russia to the Libyan Central Bank under this contract were previously reported..

Concerning “The only legitimate central bank”, mentioned in a statement by the State Department, I will note, what in 2015 there was really one central bank in Libya, who signed a contract with Goznak. A year before the conclusion of the contract, the country's parliament dismissed the head of the Central Bank al-Sadik al-Kabir, Ali al-Habri was appointed in his place, who signed the contract.

And since the chaos in Libya is not overcome, even intensified (what is the great merit of the United States), there were two central banks. One is that, who signed a contract with Goznak and is based in Benghazi (eastern part of the country), other, referred to in a State Department statement, located in Tripoli (Al-Sadik al-Kabir was commissioned by the Central Bank in Tripoli, dismissed by parliament in 2014 year).

The Russian Foreign Ministry issued a statement in response to the story of the detention of a batch of banknotes; the statement notes, that the head of the first of these central banks was appointed by the popularly elected Libyan parliament, Chamber of Deputies, and possesses the necessary international legitimacy.

Goznak also expressed its position. This enterprise is far from big politics.. Goznak leadership perceives the situation in Libya as follows: in this African country, one central bank, which has two branches. One is in Tripoli, the other is in Benghazi. And Goznak clearly fulfills its obligations under the contract 2015 of the year. There were no decisions to recognize the contract as illegitimate by the UN. Goznak acts in accordance with international law. Over the course of many months, Goznak tried to get explanations from the Malta authorities regarding the detention of containers with banknotes., but Malta was silent. It was obvious, that this is not her initiative, and the US.

The terms "counterfeit currency", "Fake currency", appearing in the statement of the State Department and the comments of the American media, as Goznak notes, incorrect. This is not fake, and banknotes, Designed by the Central Bank: "Banknotes, made as part of the delivery under discussion, are a modified series of previous banknotes and have visual differences compared to them. Samples of these banknotes were approved by representatives of the Central Bank of Libya in the prescribed manner, whereby the application of the term “false” in relation to these banknotes is unreasonable and unlawful ".

Of course, two central banks in one country - an anomaly. However, the phenomenon is not unique.. This happens in countries, where are the civil wars. So, during the civil war in Russia, different banknotes went around the country, and some of them were printed abroad. Created in Siberia in 1918 Kolchak’s White Guard government ordered the production of banknotes in the United States, which should have been available to the Kolchak Central Bank. To end 1918 years from New York to Vladivostok for Kolchak was sent banknotes totaling 3 billion 325 million rubles. America carried out similar orders for Denikin and other independent rulers in Russia.

Many countries, having central banks, do not produce paper currency themselves, and order them abroad. Making money is not such a simple matter.. Not all states have the appropriate equipment., special paper, have matrix specialists, from which printing is carried out, and others. It is especially beneficial to switch to banknote “outsourcing” to small countries, where the organization of its own banknote production is obviously unprofitable. The largest banknote producer in the world is a British company From the street. She prints money for central banks about 140 nations. The second in the world market of banknotes is a German company Giesecke & Devrient, she prints banknotes for about central banks about 100 nations. Among the major manufacturers of banknotes - Canadian Canadian Banknote Company and US-Swedish Crane. Goznak is also highly rated on the global currency market.. AT 2014 the year “Goznak” exported more than 1,1 billion. banknotes. Besides, company produces passports and coins for export. Banknote production is a large and profitable industry, but little is known about her. She does not need advertising, many transactions are conducted in an atmosphere of confidentiality.

Precedents for blocking cash export supplies are rare. The most resonant was the story with the company From the street, which carried out orders for the supply of banknotes in the same Libya at M. Gaddafi. When in 2011 Washington and its closest allies organized a blockade of Libya, the british government banned companies From the street sending a large batch of printed dinars. Then it caused a great resonance in the industry, the signing and execution of contracts for the export of banknotes to other countries gained even greater confidentiality.

certainly, the story of the detention of a batch of banknotes for Libya will make you think like exporters, and importers of such products. The operation to block the products of Goznak may become a precedent. From here, another tool of Washington’s economic sanctions against government disagreeable may appear..

I will give the same company as an example From the street. It turns out, she delivers banknotes to the countries of the near Russian abroad. for example, to Belarus, Armenia, Kyrgyzstan - countries, with whom we are trying to integrate within the framework of the Eurasian Economic Union.

Why do the British deliver cash there, not Russian Goznak?

by the way, recall, what's on the Mutual Economic Assistance Council, which included more than a dozen socialist states, member countries provided cash, which were produced at the Soviet Goznak and one well-equipped enterprise of the German Democratic Republic.

P.S. Another unpleasant story for Russia, related to cross-border cash supply, due to the fact, that huge quantities of cash dollars and other foreign currency are imported into our country. Due to the raid of foreign currency depositors in March, Russian banks imported a record for 6 years cash volume (Bank of Russia data). In total, in March, financial institutions brought into the country almost 5 billion dollars and 1,1 billion. It is almost 10 times the average of previous months. Unpleasant because, what, At first, this indicates a growing dollarization of the Russian economy. Secondly, because, that Washington is tempted to block cash supplies to Russia. They have been discussing this possibility for a long time..

A photo: vpk-news.ru

Valentin KATASONOV

A source

                          
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