Russian Prime Minister Mikhail Mishustin noted that switching to settlements in national currencies in the Eurasian Economic Union (EEU) is going actively, it reached 75%. He cited such data, speaking Friday at an enlarged meeting of the Eurasian Intergovernmental Council.
"We are actively switching to national currencies in our mutual settlements. This figure has already reached 75%. We call on our colleagues to implement our own international financial and settlement mechanisms as soon as possible," said the Russian prime minister.
According to the Russian prime minister, the Eurasian Economic Union proved its effectiveness in unfavorable external conditions, as evidenced by the dynamics of the main macroeconomic indicators in the first quarter of this year. According to the data provided by Mishustin, the GDP volume of the Eurasian Economic Union increased by more than 3.5%. In the first half of the year there was an increase in agricultural production, in addition, the output of industrial goods grew by almost 2%. "During this period, the unemployment rate in our Union decreased by a third, by 34%," pointed out the head of the Russian government.
The prime minister pointed out that in the current circumstances, the main thing is to maintain the momentum and minimize the impact of sanctions on all the "Five" countries, thereby ensuring the well-being of citizens. "This requires a joint response to new challenges and threats," Mishustin said. He recalled the opinion expressed by Russian President Vladimir Putin that closer integration will allow the member countries of the Union to become economically stronger and significantly reduce their dependence on external, including political conditions. Measures to improve the sustainability of the economies of the member countries of the EEU are aimed precisely at this, the head of the Russian cabinet reminded. Mishustin said that these measures cover four main areas - customs, customs-tariff and non-tariff regulation, the domestic market and cooperation, financial and foreign exchange markets, as well as international cooperation with third countries and integration associations. He also added that special attention needs to be paid to entrepreneurs. "The decision to zero out import customs duties allowed them to save significant resources and use them for development, to ensure uninterrupted imports of priority goods that are in demand by our people," he concluded.
GSV "Russia - Islamic world"
Photo: Nattanan Kanchanaprat/Pixabay
Based on materials from TASS