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Currency, alternative to dollar, may be soon released for the EAEC

A new currency as an alternative to dollar, may be soon announced for payments among the member countries of such organizations as the SCO, BRICS and EAEC, said State Duma deputy Anatoly Vyborny.
Russian President Vladimir Putin in his message to the Federal Assembly has asked the Central Bank and the government to take strict coordinated measures to discourage speculators hunting “rock” ruble. Later, Putin instructed the Central Bank and the Government on December 25 to submit a report on this subject. Financial authorities of the Russian Federation, for his part, said that while considering only the economic and not administrative measures impact on the currency speculators.
According to the deputy, the possibility of a new currency is being discussed at various venues, but the relevant decisions do not exist yet.

Armenia become member of the EAEC

In Minsk signed an agreement on Armenia’s joining the Eurasian Economic Union (EAEC)
At the meetings today the fate of integration processes in the post-Soviet space is determined, and a key event was the termination of the Eurasian Economic Community. Instead of this structure is formed by the new – with great economic potential in the field of action which will include 170 million people.
A separate topic was the situation in Ukraine and the position of its head, which for all time in office, did not meet almost any of the presidents of the Commonwealth countries.
Presiding in the CIS Alexander Lukashenko immediately, on the first of the two summits held in Minsk, said that the agenda – this is important, but especially all the members of the Commonwealth of security worries. And the main concern – is the ongoing fighting on the territory of Ukraine. At the same time Lukashenko believes that settlement of the conflict issues in Ukraine should be resolved by the parties to the conflict, and not somewhere in Western Europe.

EurAsEC is replaced by EAEC – Eurasian Economic Union

During the meeting of the Interstate Council of the Eurasian Economic Community (EurAsEC) at the level of Heads of States signed a number of agreements. In particular, among these documents – an agreement “on the termination of the Eurasian Economic Community”, and the draft treaty “on the termination of the Eurasian Economic Community.”

“The powers of the EurAsEC Court passed judgment of the Eurasian Economic Union – it will be located in Minsk and take up his functions on 1 January 2015.” – Russian president Putin said.

According to Putin, the new economic union already at the next meeting will discuss how to build a relationship with the European Union. After all, it is supposed to be an open club and economic cooperation, which can join all those who share his views on free trade, services and labor. And now the main thing – to talk and negotiate, to seek forms of cooperation.