Russia has fully transitioned to national currencies in trade with the Eurasian Economic Union (EAEU) member states, bypassing the use of the U.S. dollar and the euro, State Secretary of the Union State of Russia and Belarus Sergey Glazyev announced at the 4th Minsk International Conference on Eurasian Security.
Armenia’s potential withdrawal from the Eurasian Economic Union (EAEU) will entail catastrophic consequences for the country, with its losses amounting up to 40% of GDP, according to a Eurasian Rating Agency’s survey.
Exports of Russian competitive industrial products increased by 18% over ten months of the last year and friendly countries account for 80% of supplies, Russia's First Deputy Prime Minister Denis Manturov said at the meeting with President Vladimir Putin.
The share of settlements in the national currencies between the countries of the Eurasian Economic Union (EAEU) stands at 93%, Russian President Vladimir Putin said at an expanded meeting of the EAEU.
Russian Prime Minister Mikhail Mishustin has announced the start of the practical implementation of the Free Trade Agreement between the Eurasian Economic Union (EAEU) and Iran.
According to a bilateral statement, Russia will help ASEAN develop cooperation with the SCO and EAEU. It also says that friendship and cooperation are important for achieving peace.
Kyrgyzstan proposes to reduce prices for air tickets for transportation within the EAEU. Affordable air tickets for flights between the EAEU countries will increase mutual tourist flow and economic ties.
