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04 February 2021, 18:52

No plans to introduce single currency in EAEU

MOSCOW, 4 February (BelTA) – There are no plans to introduce a single currency in the Eurasian Economic Union (EAEU), there is no such discussion as there are no necessary preconditions for it, Member of the Board (Minister) for Economy and Financial Policy of the Eurasian Economic Commission Timur Zhaksylykov said at an online press conference hosted from Almaty, where the Eurasian Intergovernmental Council will convene in person on 5 February, BelTA has learned.

“Neither any agreement within the framework of the EAEU, nor any other EAEU document provides for the introduction of a single currency. We are not planning to do this,” Timur Zhaksylykov explained. He stressed that the development strategy through 2025 also has no mention of a single currency.

“This step is not envisaged in any document, there are no prerequisites for it, and at present, we have no such plans,” Timur Zhaksylykov added.

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