Wed, 17 September
20.1 C
Yerevan
USD: 383.12 RUB: 4.63 EUR: 452.35 GEL: 141.48 GBP: 522.04

About 90% of mutual trade in EAEU is carried out in national currencies – EEC Minister

YEREVAN, September 30 /ARKA/. Approximately 90% of mutual trade in the Eurasian Economic Union is carried out in national currencies, said the member of the Board (Minister) for Economy and Financial Policy of the EEC Bakhyt Sultanov.

“In terms of ensuring trade through the use of national currencies, there has been great progress: more than 90% of our mutual trade is in national currencies, and the development of financial systems, the integration of our payment systems in this area plays a very important role,” he told journalists on Monday on the sidelines of the Third Eurasian Economic Forum in Yerevan. 

According to Sultanov, this indicates that the role of national financial systems in this process strengthens the trade of participating countries. -0-

spot_img

POPULAR

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Central Bank of Armenia initiates discussions on draft by-laws related to Law on Cryptoassets

The Central Bank of Armenia is set to conduct a public discussion on  the draft by-laws essential for implementing the Law on Cryptoassets, which became effective on July 4 of this year, as reported by the regulator's press service.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img