A meeting of heads of ministries of economy and finance, central (national) banks of EAEC member states and representatives of EEC was held   

Scheduled meeting of heads of ministries of economy, finance and central (national) banks of member states of Eurasian Economic Council (EAEC) and representatives of the Eurasian Economic Commission was held on August 25 in Moscow at the Guest House of the Russian Federation Government. Mr. Nurbek Zhenish, Deputy Chairman of the National Bank, took part in the meeting on the part of the National Bank of the Kyrgyz Republic.  

Meeting participants discussed main foreign economic trends, external and internal risks and midterm prospects for the development of EAEC member states’ economies. They also considered the matters on deepening of cooperation between the EAEC member states in the field of macroeconomic and currency-financial policy.   

Parties discussed results of macroeconomic policy implementation in the first half of 2015, prospects and priorities for 2015-2016 in EAEC member states. Besides, the Russian party furnished information on ongoing activities of the Group of Twenty (G20) and Council focused on financial stability prior to meeting of ministries of finances and governors of central banks of the Group of Twenty.   

Following the results of meeting, parties decided to continue regular discussion of approaches to deepening of cooperation of EAEC member states in the field of macroeconomic and currency-financial policy, including directions for development of EAEC financial institutes’ interrelation, to intensify mutual settlements in the Council in national currencies as well as sharing of experience concerning implementation of agreed macroeconomic policy implementation.   

Meeting participants recommended that the Commission should consider practicability of deepening of cooperation of EAEC member states in the field of macroeconomic and currency-financial policy in the report on integration measures to improve stability of economies of Eurasian Economic Council member states as a part of fulfillment of Instruction № 9 dated May 29, 2015 of the EAEC member states.