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Calculations in national currencies in deals among Eurasian Economic Union member countries increased to 70%

YEREVAN, November 27. /ARKA/. The share of calculations in national currencies in deals among the Eurasian Economic Union member countries reached 70% in the first half of this year, vestifinance.ru reports.

Sergei Prikhodko, first deputy chief of staff of the presidential administration of Russia, says this share is dominated by trade with Russia in Russian rubles.

“Further growth of this indicator will be fueled by particular factors, such as insuring macroeconomic and financial stability, creating common financial market and harmonizing the legal regulation in financial area,” Prikhodko told journalists.

He said that no negotiations are being held at the moment to increase the number of the Eurasian Economic Union member countries.

In his words, the union’s key aim now is to deepen and strengthen integration.

“The expansion of the Eurasian Economic Union has never been end in itself to the states which participate in the integration alliance,” Prikhodko said. “Its objectives are quite pragmatic – we are oriented to the practical benefits our countries will receive from the deepening of economic integration,” he is quoted by TASS.

He said he meant growth of trade, improvement of its structure, removal of obstacles on the way of movement of capital, services and human resources and the strengthening of social and economic stability on the region. -0—

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