Kasyanov proposes to introduce ruble in all EurAsEC countries
Published:
25 February 2003 y., Tuesday
Russian Prime Minister Mikhail Kasyanov has proposed to introduce the Russian ruble for payments in the Eurasian Economic Community (EurAsEC), which includes Russia, Belarus, Kazakhstan, Tajikistan and Kyrgyzstan. Speaking to participants of the EurAsEC forum, he also called for speeding up the establishment of a single payment system in the community based on national currencies. Kasyanov stressed it was "time to start the integration in the currency field." This would require measures to stabilize exchange rates of currencies in EurAsEC and the levels of economic development of EurAsEC countries. The ultimate goal of the integration is the introduction of a single currency in EurAsEC, the Russian Prime Minister noted.
Kasyanov stressed that, before the introduction of a single currency, EurAsEC had to go through all other stages of integration first, such as the establishment of a free trade zone, a customs union and the development of collaboration in the real economic sector, RBC reports.
Šaltinis:
Caspian News Agency
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The European Investment Bank is providing a EUR 718 million strong support for rail transport, electricity distribution as well as energy efficiency and renewable energy in Turkey.
more »
The European Investment Bank (EIB) has approved a EUR 150 million loan for expanding the Port of Barcelona. EIB Vice-President Carlos da Silva Costa and the Chairman of the Barcelona Port Authority, Jordi Valls, signed the finance contract in Catalonia’s capital.
more »
The extent to which hedge funds should be regulated is one of the key issues facing MEPs on the Economic and Monetary Affairs Committee.
more »
The European Investment Bank (EIB) is lending CZK 2 billion (approx. EUR 73 million) to the Municipality of Plzen (West Bohemia) to implement priority urban regeneration schemes identified in the city’s 2004 Development Plan.
more »
High-speed rails, supporting indigenous people's rights, protecting nature and wildlife, student loan facilities, construction and refurbishment of hospitals and reduction of industrial pollution are just a few projects supported by the European Investment Bank.
more »
The European Commission has authorised, under EC Treaty state aid rules, €14.3 million of aid, which the Slovak authorities intend to grant to Volkswagen Slovakia, belonging to the Volkswagen AG, for the transformation of an existing plant in Bratislava.
more »
MEPs began acting on their new Lisbon Treaty power to co-decide fisheries policy with Member States on 1 December - the day the treaty took effect - with a Fisheries Committee indicative vote on three legislative proposals.
more »
With seasons’ holidays approaching DnB NORD Bankas will offer better cash exchange rates for Great Britain’s pounds, Swedish, Norwegian and Danish krones until 31st December.
more »
The European Investment Bank (EIB) today agreed to provide a EUR 40m loan to FirstRand Bank to promote energy efficiency and renewable energy projects across South Africa.
more »
The European Commission has today approved an application from Lithuania for assistance under the European Globalisation adjustment Fund (EGF).
more »