RD Interview: Professor Richard Sakwa from the University of Kent talks about Russia’s foreign policy and explains why Russia is creating alternative regional institutions such as the Eurasian Economic Union.Short and important.
Member countries of the EAEU (EEU) must create a single currency, believes the former Prime Minister of Armenia, opposition MP from the Armenian national Congress Hrant Bagratyan.
"With 300 billion trade turnover between the countries of the EEU, operations should not be conducted in dollars. To reduce the dependancy on that currency, payments between countries should be conducted in other currencies," said Bagratyan to the Arka Agency.
The Minister for main integration directions and macroeconomics of the Eurasian Economic Commission, Valovaya Tatyana Dmitriyevna, on Monday told reporters that a single currency system will not be implemented within the EEU, because it can lead to negative economic consequences.…Fort Russ
There was a lot of talk about a new type of partnership with Beijing at a recent conference devoted to Russia-China relations, which was organized by the Russian International Affairs Council in Moscow. Rossiyskaya Gazeta discussed the prospects of Sino-Russian cooperation with political scientist Sergei Karaganov, Dean of the Faculty of World Economics and Politics of the Higher School of Economics.Russia Beyond the Headlines
Earlier today we reported on India, Pakistan an Iran ready to begin their ascent into the China-Russia lead SCO. Moments ago, Egypt jumped on the Eurasian train, inking more than $4.5 billion of trade deals with Russia and a huge free trade agreement with the Eurasian Economic Union (EEU). Best of all, no austerity is required in order to join this union…the EU may want to take notes.Red Pill Times
