Russia, Belarus and Kazakhstan may introduce a single currency in the future within the Eurasian Economic Union between the three former Soviet republics, a new entity meant to promote cooperation both with Europe and the Asia-Pacific region, Russian Prime Minister Vladimir Putin said on Thursday. "I think we’ll reach a level [of integration] as a result of the negotiating process and find a comrpomise when we are able to have a common currency and agree macroeconomic policies," Putin said during his televised Q&A session with the nation. In November, the Russian, Belarusian and Kazakh presidents signed a declaration on Eurasian economic integration, a roadmap of integration processes aimed at creating the Eurasian Economic Union, which will be based on the Customs Union and common economic space among the three countries. "This is real integration with a further transfer of some functions to a supranational body. This is not a revival of the Soviet Union, this is a process to fully keep the independence of these states and their political independence but with the goal of increasing our competitiveness in the global economy, giving a new impetus to development and ensuring higher living standards for our citizens," Putin said.
GMT 13:21 2018 Thursday ,06 December
China demands Canada release Huawei's chief financial officerGMT 16:21 2018 Monday ,12 November
EU-Egypt partnership agreement to be fully applied in 2019GMT 18:24 2018 Tuesday ,23 January
French court throws out tax fraud case against JP MorganGMT 16:09 2018 Tuesday ,16 January
Strikes as Greece adopts industrial action revampGMT 14:08 2018 Friday ,12 January
Time over money? German union champions 28-hour work weekGMT 13:27 2018 Tuesday ,09 January
German metalworkers start strikes for 28-hour weekGMT 14:49 2018 Friday ,05 January
Lithuanian doctors rally for pay rise to halt exodusGMT 09:03 2017 Friday ,29 December
Watchdog slams Lufthansa over 'algorithm' price hikesMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor