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
Elinor Ostrom -- an American professor who developed ways to manage common property - is the first woman to win the Nobel prize for economics.
more »
The European Commission has today approved an application from the Netherlands under the Globalisation Adjustment Fund (EGF) for € 386 114 to help 435 workers made redundant by Heijmans N.V., a Dutch construction company, back into jobs.
more »
Seeking to strengthen and further expand product sales in the Asian region, the Lithuanian biotechnology company Fermentas established its subsidiary in China.
more »
Statistics Lithuania reports that, based on non-final data obtained from customs declarations and Intrastat reporting data, exports in January–August 2009 totalled LTL 25.6 billion, while imports – LTL 28.9 billion.
more »
On 6 October 2009 AB Bank SNORAS Board decided to reform the Private Limited Company UAB “SNORO investicijų valdymas” into the Public Limited Company AB „Finasta Holding“, which will control recently obtained „Finasta“ group companies and other Bank SNORAS group companies, engaging in investment management.
more »
If your airline goes bankrupt and leaves you stranded what are your legal rights? Members of the Parliament's Transport Committee want grounded passengers to have access to a special compensation fund.
more »
Euro report says currency provided protection from interest and exchange rate turbulence.
more »
Statistics Lithuania informs that in September 2009, against August, prices for total industrial production sold dropped by 1.6 per cent.
more »
The European Bank for Development and Reconstruction (EBRD), the European Investment Bank (EIB) Group, and the World Bank Group* on Monday warned against complacency in the face of significant challenges that stand in the way of economic recovery in Central and Eastern Europe.
more »
The leader of the country’s investment products’ market – AB DnB NORD Bankas – intends to issue up to EUR 300 million nominal value corporate notes in local and foreign markets over the next 12 months.
more »