Member states of the Eurasian Economic Union should use their national currencies in reciprocal payments of transactions.
Kyrgyzstan suggests using national currencies in reciprocal payments in EAEU
STEPANAKERT, APRIL 9, ARTSAKHPRESS: First Deputy PM of Kyrgyzstan Aali Karashev announced about this, reports ''Ria Novosti''.
''We need to focus on the issue of regulation of currencies, including the issue of expanding the opportunities of national currencies in EAEU markets in reciprocal payments of transactions’', he said.
In the words of Karashev, the proportion of the EAEC member states in the total amount of Kyrgyzstan's foreign trade amounted to nearly 40% in 2015. The largest share in the turnover of the republic occupied Russia - 25%, Kazakhstan - 18.2%. He stated that he supports establishment of a common EAEU energy market, which will allow the member states of the Union to attract significant investment for the construction of new energy facilities, which are severely needed in the conditions of rapidly developing economies.
Kyrgyzstan became a full member of the Eurasian Economic Union on August 12 last year. Other EAEU member states are Armenia, Russia, Belarus, and Kazakhstan.
