YEREVAN (Pakistan Point News / Sputnik - 15th September, 2018) Armenian Deputy Prime Minister Mger Grigoryan said that the Eurasian Economic Union (EAEU) should introduce the single Currency and stop using US Dollars in the intra-bloc trade.
"Without the single currency area, if [union's] members are working with a currency of another bloc or state, the effects that could be gained from the economic integration and blocs are not full-fledged. The relevance of this process is clear and the process will actively develop," Grigoryan told the MIR 24 broadcaster.
Earlier this week, Russian President Vladimir Putin said at the Eastern Economic Forum (EEF) that Russia wanted to develop trade in national currencies with its partners replacing the US Dollar.
The EAEU is a regional political and economic bloc that aims to optimize the flow of goods and services between its members: Russia, Kyrgyzstan, Armenia, Belarus, and Kazakhstan.
