ARMENIAN DEPUTY FINANCE MINISTER: TOO PREMATURE TO SPEAK ABOUT JOINING RUBLE ZONE
ARKA
Feb 17, 2009
YEREVAN, February 17. /ARKA/. Armenian Deputy Finance Minister Vardan
Aramyan, speaking Tuesday before Yerevan State University’s students,
said he found it too premature to speak about joining ruble zone.
He thinks a full legislative and economic harmonization is needed
for that.
The deputy minister denied rumors going around about Armenia’s possible
entry in ruble zone.
He said that before forming euro zone, European countries passed a
long way of legislative harmonization.
They have established free trade, formed common customs zone, common
economy and ensured free movement of capital before introducing.
Aramyan said Armenia has no such agreement with Russia.
"We can’t join ruble zone, because our countries haven’t reached
necessary degree of integration yet".