Member states of the Eurasian Economic Union (EEU) have a long way to go before introducing a common currency suggested by Russian President Vladimir Putin, a senior official from the Russian-led bloc's executive body said on Monday.
Putin publicly floated the idea of such a currency union at a March 20 meeting in Kazakhstan with his Kazakh and Belarusian counterparts. Earlier this month, he instructed the Russian Central Bank to look into the possibility of a single EEU currency.
Presidents Nursultan Nazarbayev of Kazakhstan and Aleksandr Lukashenko of Belarus did not respond to Putin's statement in public. Both men have been lukewarm about the idea. Armenian officials have also reacted cautiously to Putin's apparent desire to turn the EEU into a more tightly-knit alliance.
Armenian News
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