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
Nils Melngailis, the Chairman of Parex banka, and Alex M Furber, American Express Vice President in Central and Eastern Europe, agreed to explore further options for co-operation.
more »
Every one of the Taiwan's 23 million population has been given a voucher worth the equivalent of just over 100 U.S.dollars.
more »
Commission cuts economic growth forecast as scale of financial crisis and ensuing global downturn become apparent.
more »
Wincor Nixdorf AG completed the first quarter of the current fiscal year with 7 percent growth in net sales and an 8 percent increase in operating profit (EBITA).
more »
New homes go up in the UK's eastern county of Norfolk. There is also the unusual take on selling new homes.
more »
Announces approximately 4,000 additional workforce reductions, primarily in the Mobile Devices business. Total cost savings from recent actions now expected to be approximately $1.5 billion in 2009.
more »
MasterCard announces organizational changes.
more »
Economic volatility , rising prices and a general pessimism about what the future holds were all opinions voiced in a recent “Eurobarometer” European survey.
more »
Wincor Nixdorf AG says it exceeded its profit goals for fiscal year 2007/2008, which ended Sept. 30, despite a battered global economy and a slight drop in retail sales.
more »
Across the country Australians are expected to spend over 10 billion U.S. dollars in post-Christmas sales.
more »