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
Relations between Moscow and Tbilisi came under strain earlier this week when Georgian President Mikheil Saakashvili threatened to sink any Russian ship that approaches the breakaway region of Abkhazia
more »
EU ready to approve agriculture draft
more »
The Hungarian foreign minister is to be nominated by his government to be the country's next EU commissioner
more »
US Secretary of State Colin Powell is in Budapest to start a week-long visit to Eastern Europe and the Middle East
more »
Belarusian President Lukashenka and Sudanese President Omar Hasan Ahmad al-Bashir signed an agreement on trade, investment, and scientific cooperation in Minsk on 28 July
more »
Large Russian companies that operate in the fuel and energy sector should contribute considerably to raising the volume of Russian-Romanian foreign trade
more »
LITHUANIA BOTHERED WITH RUSSIAN OIL WELL PROXIMITY TO COURLAND SPIT
more »
The United States will continue military cooperation with Uzbekistan directed to strengthening peace and stability in Central Asia region, the Commander of the US Central Command General John Abizaid told journalists in Tashkent
more »
On Friday, the spring session of the NATO Parliamentary Assembly opened in Bratislava, the capital of Slovakia
more »
Authorities in Belarus have shut the office of the Russian state television channel Rossia after accusing it of exaggerating the size of a rally denouncing President Alexander Lukashenko
more »