The EEC Minister Tatiana Valovaya: "We aim to improve coordination in the area of macroeconomic policy within the EAEU that allows reversing the negative effects of external shocks on the economies of our countries"

The EEC Minister told the IMF representatives about the progress achieved in the field of coordination of macroeconomic policies of the EAEU Member States, the statistics, as well as plans to create a common financial market and establish a supranational regulatory authority in the Republic of Kazakhstan by 2025.
Tatiana Valovaya noted: "We're not talking about the introduction of the single currency, it is too early for that, as it requires some real prerequisites. Nevertheless we aim to coordination in the area of macroeconomic policy within the EAEU that allows reversing the negative effects of external shocks on the economies of our countries."
In turn, the IMF representatives made a proposal on the organization of expert and scientific events in Washington (the USA) with the participation of the EEC Minister Tatiana Valovaya with the aim of developing a dialogue between the Fund and the Commission and a more detailed study of integration in Eurasia.
The parties noted the positive dynamics in the development of relations between the IMF and the EEC, and discussed the possibility of signing a framework document on cooperation aimed at institutionalization of joint activities.
Press-release at the official Eurasian Economic Commission web-site