Call for faster establishment of currency union in Eurasian Economic Union

       It is necessary to expedite the establishment of a currency union in the Eurasian Economic Union, BelTA quotes Chairman of the Council of the Republic of Belarus Mikhail Myasnikovich. “We believe that the year 2024, the date set by the Eurasian Economic Union Treaty, is too late. In view of the insufficient stability on financial markets it is clear that we should aim for a closer date and should consider establishing a single payment system, increasing the share of the national currencies in mutual transactions,” noted Mikhail Myasnikovich.
      In his words, matters of further integration in the sphere of currency and finance have been discussed with Russia, in particular, with Prime Minister of Russia Dmitry Medvedev and Chairwoman of the Federation Council of the Federal Assembly Valentina Matviyenko.
“We said it is necessary to aim for a closer date. We would like the first components of the currency union to start working within the next three-four years,” said the Chairman of the Council of the Republic of Belarus.