Turkey seeks negotiations with Eurasian Customs Union

Turkey seeks negotiations with Eurasian Customs Union

PanARMENIAN.Net - Turkey wants to start negotiations with the Eurasian Customs Union, which consists of members of the Eurasian Economic Union (EAEU), Economy Minister Nihat Zeybekci said on Friday, August 18, according to Anadolu Agency.

The EAEU consists of Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia.

In recent years, Turkey has been stressing the importance of using local currencies in foreign trade with its neighbors and major trade partners like Russia, Iran and China to lower the currency conversion costs.

"Our target is to use national currencies in foreign trade. If we do that, we can eliminate the negative effects of foreign exchange volatilities," Zeybekci added.

 Top stories
The foreign ministers of Armenia and Azerbaijan, Ararat Mirzoyan and Jeyhun Bayramov, have arrived in Washington.
The CSTO budget for the current year requires adjustments due to the refusal of Yerevan to pay their share of contributions.
Six total incidents have burned 19 old-growth trees. Friday night 8 trees were torched along the beautiful main entrance.
The EU does not intend to conduct military exercises with Armenia, Lead Spokesperson for EU Foreign Affairs and Security Policy Peter Stano says.
Partner news
---