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The Eurasian Union tried to consider the interests of the Armenia export in light of the fall of the Russian ruble.

Tatyana Valovaya, Member of the Board (Minister) of the Eurasian Economic Commission in charge of the main directions of the EEC integration and macroeconomics, told the aforementioned to journalists at the Moscow-Astana-Yerevan press-conference today.

The fact that the depreciation of the Armenian dram was weaker than that of the ruble created certain opportunities for the Armenian goods in the Russian market. Nevertheless, the export has even increased in a number of commodity headings, specifically fresh fruits and vegetables.

“This means that we are considering each other’s interests and are opening additional opportunities for entering our market,” Volovaya said.

She also stressed that like the devaluation of the Belarusian ruble, that of the Russian ruble and Kazakhstani Tenge, was not dumping in nature, but was caused by the economic situation – fall in oil prices and other commodity products, as well as slowdown of economy in China and other important partner-countries of EEU.   

The aim of the Eurasia Commission is to help the republics of the Union to agree on the monetary policy so that the mutual inconveniences due to the currency rate drop are minimal.

“To this end, we held constant meetings at the level of PMs, presidents of Central Banks, as well as Finance and Economy Ministers during the entire 2015,” the Minister said. 

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This text available in   Հայերեն and Русский
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