BELARUS NEWS AND ANALYSIS

DATE:

29/01/2009

Anticrisis plan of Belarus and Russia to give the status of regional currency to Russian ruble

The project of the cooperation plan of the governments of Belarus and Russia to minimize the consequences of the global financial crisis includes regulations for realization of the initiative of the Russian party for giving the status of regional currency to Russian ruble, declared Nikholay Zaychenko, the Minister of Economics of Belarus after the joint meeting of boards of the Ministry of Economics of Belarus and the Ministry of Economic Development of Russia.

At the same time, the parties accented on prevention of worsening of the conditions of own commodities presence on the market of two countries during the period of the crisis, noticed N.Zaychenko.

Also the parties concentrated on future foundation and development of production cooperative societies, integrated structures, capital turnovers and investing, added he.

According to the Minister, over 40 Belarusian investment projects are included in the cooperation plan. According to him, the plan include crediting of the projects and attractiveness of direct Russian investment to the projects.

The countries plan to harmonize own legislative acts and regulate the terms of business activity, noticed Elvira Nabiyllina, the Minister of Economic Development of the Russian Federation.

Source:

http://www.agrimarket.info/showart.php?id=70095

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