Tuesday, March 29 2022 16:09
Alina Hovhannisyan

Alexander Ageev does not rule out possibility of creating tools for  general settlements in EAEU

Alexander Ageev does not rule out possibility of creating tools for  general settlements in EAEU

ArmInfo.I believe that active work will be carried out in the EAEU to create general settlement tools similar to the SDR (Special Drawing Right of the IMF). This  opinion was voiced by Alexander Ageev, Doctor of Economics, Head of  the Eurasian Information and Analytical Consortium, Director of the  Institute of Economic Strategies of the Russian Academy of Sciences,  during the "The role and place of Russia and the EAEU in modern  conditions" video bridge.

At the same time, he noted that the demand for these tools would  increase depending on the structure and volume of trade between the  countries in the integration area.  At this stage, the focus on  trade, investment flows, innovation flows within the Union is  insufficient.  According to the economist, there is a great  dependence on such flows with third parties.

"But this is also a question of the fate of the Union, its stationary  development, in the same composition, in a more expanded, but in  different formats, not necessarily through joining the EAEU. This may  be a system of bilateral agreements with various preferential  regimes, etc. "So, there will be an interesting process here in the  future," Ageev said.  At the same time, he added that this is not a  matter of preference, but of economic necessity. "If it goes off  scale, it will be introduced quickly enough," Ageev emphasized.