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 finance chiefs from the leading economies met in southern England to discuss measures to deal with the global economic crisis.
more »
Environmental projects up for bid at ‘auction floor’ conference in Brussels.
more »
In the United States increasing numbers of men are having vasectomies to avoid any added strain on hard-pressed finances.
more »
Within last year the number of settlement operations made by using AB Bank SNORAS payment cards grew by 21 per cent or twice more than on the market where 10 per cent growth was fixed.
more »
The “Erika III” package, aimed at protecting Europe's coasts from maritime disasters and improving passenger and crew safety, was adopted by Parliament on Wednesday.
more »
Improving the transparency and the supervision of the financial system to ensure proper risk management in the banking sector is the aim of legislation approved on Monday by the Economic and Monetary Affairs Committee.
more »
MEPs could back speeding up the rate at which Europe's regional funds are made available.
more »
The Commission has taken a humanitarian decision for €700,000 to provide assistance to communities affected by floods in Fiji, the Solomon Islands and Papua New Guinea.
more »
The international business magazine Euromoney has announced the results of its Private Banking Survey 2009, and Parex banka has received the award for “Best Private Banking Services Overall” in Latvia.
more »
Mass layoffs and inflation are pushing people to seek food aid.
more »