Ministry reports US spy agencies' latest attempt to recruit Russian worker was on Jan 14Russian Politics & Diplomacy January 18, 21:57
Austria’s president-elect says he is ready to maintain good relations with RussiaWorld January 18, 21:50
Putin briefs Merkel, Hollande on steps to implement Syrian ceasefireRussian Politics & Diplomacy January 18, 20:39
Putin, Merkel, Hollande agree to give fresh impetus to Normandy Four activitiesRussian Politics & Diplomacy January 18, 20:26
Russian Eurobonds may be floated in spring 2017 — finance ministerBusiness & Economy January 18, 19:48
Russia, Turkey report 14 ceasefire breaches in Syria per dayWorld January 18, 19:17
Analyst believes removal of sanctions can be political bargaining chip with RussiaRussian Politics & Diplomacy January 18, 18:45
Arctic Forum’s task is to change perception of region as source of raw material — officialBusiness & Economy January 18, 18:28
OPEC revises Russia’s oil production outlook downward by 110,000 bpd in 2017Business & Economy January 18, 18:20
MINSK, November 5. /TASS/. It’s too early to speak about single currency within the Union State of Russia and Belarus, its state secretary said on Thursday. "When the decision was made to shift to single currency it was followed by a package of documents aimed at creating conditions for that," he said.
Rapota added that part of the issues were related to unification of antitrust legislation, currency exchangeability, tax policy.
"Neither of the conditions was fully fulfilled so it’s too early to speak about creating single currency," Rapota said, adding that the shift to single currency "turned out to be one of the most challenging elements of integration policy."
For his part, Chairman of the CIS Executive Committee, CIS Executive Secretary Sergey Lebedev says ultimate solutions, which will allow mutual payments between CIS countries in national currencies, will be taken in the nearest future.
"I’m thoroughly convinced that in the nearest future ultimate solutions and options will be found, which will enable us to make mutual payments between CIS states in national currencies," he said.
According to Lebedev, challenges faced by CIS countries when making payments in foreign exchange currencies, pushes them to finding other options.