The EAEU countries intend to develop a relevant model and settlement scheme, taking into account the current situation. This was stated to journalists by the Chairman of the Eurasian Economic Commission Board, Mikhail Myasnikovich, following a meeting with the head of the Belarusian state, as reported by a BELTA correspondent.

The EAEU countries intend to develop a relevant model and settlement scheme, taking into account the current situation. This was stated to journalists by the Chairman of the Eurasian Economic Commission Board, Mikhail Myasnikovich, following a meeting with the head of the Belarusian state, as reported by a BELTA correspondent.

"Issues of import duty distribution were discussed very seriously. In accordance with the EAEU Treaty of 2014, duties are collected in national currencies. Then they are split, transferred to the national bank, which converts them into dollars, and the distribution to the treasuries of other countries goes through dollars," explained Mikhail Myasnikovich. "A temporary agreement has now been signed, under which Belarus and Russia are working on the basis of the Russian ruble. Armenia, Kazakhstan, and Kyrgyzstan use the old scheme of currency settlements among themselves, and with us – on the basis of the Russian ruble."

"In this regard, of course, a very interesting issue will be considered (at the upcoming EAEU summit. – BELTA’s note), which concerns amendments to the treaty on the Eurasian Economic Union based on a certain modern model and settlement scheme," stated the Chairman of the Eurasian Economic Commission Board.

According to him, Alexander Lukashenko expressed his considerations on this matter, which will undoubtedly be used in practical activities. "And in the remaining time, certain documents, draft versions of which are submitted for consideration by the heads of state, will also need to be adjusted," added Mikhail Myasnikovich.

Source: belta.by