Finance

“There is no common currency in the Eurasian Economic Union”

Sagintayev made statements after the extended meeting of the Intergovernmental Council of the Eurasian Economic Union held in Almaty, Kazakhstan.

Noting that it is aimed to establish a common financial market between EEU member countries by 2025, Sagintayev stated that this does not mean that a common currency will be implemented within the framework of the Union.

“This (common currency) is not mentioned in all our core agreements. The common financial market includes the establishment of uniform rules in the banking, stock market and insurance sectors,” Sagintayev said. he said.

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