President of Russia and Chairman of Eurasian Economic Commission agree to explore the possibilities of joint BRICS and EAEU projects

Russian President Vladimir Putin asked the Chairman of the Board of the Eurasian Economic Commission (EEC) Bakytzhan Sagintaev to work out the possibilities of cooperation between the EAEU countries and the BRICS member states. This is reported by the official website of the President of the Russian Federation.

"Russia is chairing the BRICS this year. Our other countries are not members of this association, but the opportunities there are great, I mean also the plans of our Chinese friends, One Belt, One Road. BRICS leaders will come to Kazan, and I have a big request to you to see and work with Russian colleagues on how we could include the economies of other countries of our association in joint work with the BRICS countries"

Vladimir Putin Russian President

Vladimir Putin pointed out that one of the promising areas of joint work of the associations could be the creation of a system of settlements in national currencies. In addition, the Russian leader recalled the creation of the BRICS Bank, whose functionality could also be expanded.

“It would be great if we offered our colleagues some things on behalf of Russia, but taking into account the interests of the member countries of our organisation. Because any steps in these areas, of course, we seek to coordinate with all members of the Eurasian Economic Community and, accordingly, of course, with your position, with the position of the Commission, we could prepare joint proposals," the President added.

Bakytzhan Sagintaev assured that the EEC will work out the proposals of the Russian leader.