Recommendations on development of settlements in national currencies in EEU approved

YEREVAN, August 26. /ARKA/. The Eurasian Intergovernmental Council approved August 25 at a meeting in Cholpan-Ata, Kyrgyzstan, a set of recommendations on expansion of the use of national currencies of the EEU member states in mutual trade, TASS reported citing the press service of the Russian Ministry of Economic Development.

“One of the central issues on the agenda was the expansion of the use of national currencies of the Eurasian Economic Union member states in the mutual trade settlements. The participants of the meeting approved a document with relevant recommendations,” the Russian Ministry of Economic Development said.

The Ministry clarified that the EEU countries agreed that the implementation of such plans requires ensuring the functioning of the financial system of the EEU market and development of independent payment infrastructure.

The parties also stressed the importance of “ensuring the interaction of payment card systems of the EEU countries” so that bankcards issued in the territory of the union would be mutually accepted in the EEU member states. -0-

spot_img

POPULAR

Armenian banks’ loan portfolio exceeded AMD 8.56 trillion in the second quarter, representing a 23.56% year-on-year increase

The total loan portfolio of Armenian banks as of June 30, 2026, exceeded AMD 8.56 trillion, representing a 23.56% increase compared to June 30, 2025, and a 6.8% increase compared to March 31, 2026.

Armenia approves list of stock exchanges for application of new rules for taxation of bank dividends

At a meeting on Thursday, the Armenian government approved a list of stock exchanges whose listing status will be taken into account when applying a differentiated taxation system for dividends on bank shares.

World Bank does not see significant risks in Armenia’s public debt rising to 50% of GDP

Armenia's public debt could increase to approximately 50% of GDP by the end of 2026, but the World Bank does not view this level as a significant threat to the country's macroeconomic stability, said Armine Manukyan, Senior Economist at the World Bank.

How much do Armenian banks transfer to the budget for every dram of profit? Armbanks ranking

In the first half of 2026, 17 commercial banks in Armenia transferred 116.16 billion drams in tax and customs payments to the state budget.

Moody’s Upgrades Unibank’s Rating Outlook to Positive and Affirms B1 Long-Term Deposit Ratings

Moody’s Ratings has affirmed Unibank’s long-term deposit ratings at B1, as well as its b2 BCA and Adjusted BCA.

LATEST NEWS

spot_imgspot_imgspot_img