Russia plans to create independent international monetary and financial system with China through EAEU

Date: 13:31, 15-03-2022.

Almaty. March 15. KazTAG - Russia plans to create an independent international monetary and financial system with China through the Eurasian Economic Union (EAEU).
“The EAEU and China will develop a project for an independent international monetary and financial system. This was agreed upon by the participants in the economic dialogue “A New Stage of Monetary, Financial and Economic Cooperation between the EAEU and China. Global Transformations: Challenges and Solutions”, which was held via videoconference on March 11,”said the report.
The session was organized by the EEC and the Renmin University of China.
According to Sergey Glazyev, representative of Russia, Minister for Integration and Macroeconomics of EEC, "China was the first in the world to move to the stage of national economic recovery."
“Given the common challenges and risks associated with the global economic slowdown and restrictive measures against the EAEU states and China, our countries should intensify practical cooperation both at the level of regular expert dialogues and in the area of joint measures and projects,” Glazyev said.

Photo source: picture from an open source

Share the news: