ArmInfo.The countries of the Eurasian Economic Union (EAEU) may have their own currency, the National Payment Council came up with a relevant proposal. According to Alma Obayeva, the chairman of the board of the organization, it is planned to use the new currency only in netting transactions in the framework of interstate commerce. In addition, new money will be exclusively electronic.
According to the Izvestia newspaper, the creation of electronic money in the EAEU is necessary to facilitate mutual settlements in the face of the threat of sanctions. The rate of the new currency will depend on the course of the national monetary units of the countries participating in the EAEU relative to each other.
Deputy Finance Minister Alexei Moiseev explained that the new currency will resemble the European ECU, which preceded the emergence of the euro. At the same time, the use of the EAEU monetary unit may be limited exclusively to the operations of netting between members of the union and will not grow into traditional money.
Experts surveyed by the edition believe that the creation of a currency alternative to the dollar corresponds to Russia's intention to avoid using American money. In addition, it is optimal for other members of the union who are not interested in strengthening the role of the ruble. The member states of the Eurasian Economic Union are Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia.
Earlier, Russian President Vladimir Putin made a proposal to unite the financial infrastructure of Russia and the countries participating in the Eurasian Economic Union. This measure, according to the president, should increase the economic sovereignty of states.