The Republic of Belarus' current account deficit with the Customs Union and Common Economic Space member countries fell to $4.648.4 million in January-June, down from $8.240.3 million in January-June 2012, according to figures released by the National Bank of Belarus.
The Customs Union of Belarus, Kazakhstan and Russia was established on January 1, 2010, and was launched as a first step toward forming a broader European Union-type economic alliance of former Soviet states, to be called the Eurasion Economic union.
Two years later, on January 1, 2012, the three Customs Union members introduced a Common Economic Space to promote further economic integration.
Then-Russian President Dmitry Medvedev said in his state-of-the nation address to both houses of parliament on December 22, 2011, that Russia intended to intensify economic integration in the post-Soviet space and expects the Eurasian Economic Union with Belarus and Kazakhstan to come into existence by 2015.
- THE WORLD BANK: Sri Lanka Has the Potential to More Than Double Its Exports to South Asia
- THE BLACK SEA TRADE AND DEVELOPMENT: BSTDB launched a call for expression of interest for website design services
- SEB - UKRAINE: SEB joins finance- and sustainability board
- SOBINBANK - RUSSIA: New features of the DBO Bank-Client
- ROSBANK - RUSSIA: Anastasia Bushueva Appointed Chief Accountant - Director of Accounting and Reporting Department of Rosbank
- NIKOIL - RUSSIA: Bank URALSIB entered the Top 10 media ratings of Russian banks in August
- MINISTRY OF FINANCE OF GEORGIA: The European Code of Customs Code will be launched in Georgia
- MINISTRY OF FINANCE OF UKRAINE: Ministry of Finance launches second module of "E-Data" project - open "Budget for citizens"
- EUROPEAN INVESTMENT BANK: Investment Plan for Europe: the EIB and Grifols sign a new loan agreement to advance research on rare and chronic diseases
- EURASIAN DEVELOPMENT BANK: The Eurasian Development Bank and Kazyna Capital Management signed an agreement on cooperation