Member countries of the Eurasian Economic Union (EAEU) have reached an agreement on a phased transition to settlements in the national currency. The Minister of Economic Development of the Russian Federation Maxim Reshetnikov said on the air of Rossiya-24 TV channel.
«A very important issue that was discussed [at a meeting of the Council of the Eurasian Economic Commission] is the issue of mutual settlements in rubles. In other words, those duties that each state receives are then split up in certain proportions, fixed by the union agreement, and, accordingly, go to the budgets of the countries. Previously, all this was made using the foreign currency. To date, we have agreed on a phased transition to settlements in the national currency,» he said.
Maxim Reshetnikov emphasized that it is of particular importance that the Russian Federation receives the main part of the duties in rubles. «Thus, we have begun to form a single ruble space,» he explained.
