19.10.2011
CIS outlines currency regulation principles
SAINT PETERSBURG, 19 October (BelTA) – The heads of government of the CIS member states have signed an agreement on the major principles of currency regulation and control, BelTA has learnt.
The major tasks facing the Commonwealth of Independent States include the simplification of currency regulation and control, an unobstructed settlement of payments and accounts and the free movement of capital. This is aimed to boost the trade, economic and investment links in the CIS. The new agreement provides the solutions to address these issues.
The document takes into consideration the 9 December 2010 agreement on the major principles of the currency policy of the members of the single economic space. The agreement allows for the accession of any other CIS member states.
The major tasks facing the Commonwealth of Independent States include the simplification of currency regulation and control, an unobstructed settlement of payments and accounts and the free movement of capital. This is aimed to boost the trade, economic and investment links in the CIS. The new agreement provides the solutions to address these issues.
The document takes into consideration the 9 December 2010 agreement on the major principles of the currency policy of the members of the single economic space. The agreement allows for the accession of any other CIS member states.