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    Emil Lazarian
  • 6 years ago
    • Categories: 2018

Armenian Deputy Prime Minister Supports Introduction of EAEU Single Currency

Sputnik News Service
Saturday 12:32 AM UTC
Armenian Deputy Prime Minister Supports Introduction of EAEU Single Currency
 
 
YEREVAN, September 15 (Sputnik) – 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.
Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS