RUSSIAN PLAN IS UNREALISTIC
Published:
21 August 2002 y., Wednesday
Yaraslau Ramanchuk, an expert from the Minsk-based Strategiya think tank, told Belapan that Russia's proposal to introduce the Russian ruble as the common currency of Russia and Belarus on 1 January 2004 is a "propagandist move" rather than a realistic plan of action.
"There would be a sense in switching over to a common currency if the [Russian] currency was stable [and] enjoyed the confidence of investors and trading partners. The Russian ruble is not a hard currency," Ramanchuk added. Another Belarusian expert, Valery Dashkevich, said Russia's currency integration proposals can hardly be implemented since they imply "the incorporation of Belarus into the Russian Federation." "If the plan is accepted, the National Bank of Belarus will turn into the Russian Central Bank's main office for Belarus, which contravenes the Belarusian Constitution," Dashkevich added.
Šaltinis:
rferl.org
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Brussels: Bush accepted Yuschenko's proposal and would visit Ukraine
more »
US President George W. Bush is attending a special summit between the US and the EU in Brussels today
more »
Ukraine's new leaders have stopped short of rejecting membership in a new Moscow-led economic bloc of four ex-Soviet republics, but say the plan could hurt their European Union aspirations
more »
The Kremlin signaled a fundamental foreign policy shift today, acknowledging that two former Soviet republics, Ukraine and Georgia, are no longer part of the Russian orbit.
more »
President of the self-proclaimed republic of Abkhazia Sergei Bagapsh believes that Sochi (March 6-7, 2003) Agreements must provide the basis for negotiations with Georgia
more »
President Seeks Participation In Transdniester Talks, Multinational Black Sea Task Force
more »
Latvian Prime Minister Aigars Kalvitis said the Latvian Foreign Ministry has knowingly proposed a draft interstate declaration which cannot be accepted by Russia
more »
Kazakhstan's President Nursultan Nazarbayev has proposed forming the Union of Central Asian States
more »
Badri Bitsadze, the Commander of the Georgian Border Guard Department, denied allegations made by Russian Defense Minister Sergey Ivanov claiming that “terrorists” are entering Chechnya from Georgia
more »
Georgian President Mikheil Saakashvili welcomed the decision of the Parliament to reduce the number of parliamentarians from the current 235 to 150, referring to it as “historic”
more »