Source Pravda.Ru

Delay in instituting Russian ruble caused by taxation differences

The delay by the Belarussian leadership in instituting the Russian ruble as the sole currency in the country is connected with the difference in taxation in the two countries, said Belarussian Ambassador in Russia Vladimir Grigoriev in a lecture to State Duma apparatus employees yesterday. He said that 'in the context of instituting the Russian ruble as the sole currency it is necessary to carefully consider compensation problems in as much as tax revenues are higher than Russian tax revenues in 12 different items.' If we do not compensate for the difference, said Grigoriev, then Belarussian trade products will be more expensive than Russian products and will not compete equally in Russia.

We have to consider everything in order to make sure we won't make Belarus poorer, said Grigoriev. 'If we make a mistake in instituting the Russian ruble, then we will destroy not only the economic union of Russia, Belarus, Kazakhstan and Ukraine but the entire economic system in the CIS,' he said. Nevertheless, Grigoriev said that Belarus welcomes the integration process in the CIS including the creation of a union government. 'I see no problems with the formation of a CIS union government. There may be some difficulties, but the prospects for development are greater,' he said.

Comments
Russian poultry stuffed with antibiotics and dangerous bacteria
Keys to understanding the world from Feminism - Science and Feminism
Sheep disrupt the work of US missile defences in Romania
The Large Families that rule the world
Russians name their biggest sexual taboos
Russia's new torpedo carrying 100-megaton nuclear warhead nullifies USA's Prompt Global Strike
Ukraine suspicious about Russia's intention to give away rusty ships to Kiev
Keys to understanding the world from Feminism - Science and Feminism
You're invited to death penalty: Barbaric traditions of world's most progressive states
Russia's new torpedo carrying 100-megaton nuclear warhead nullifies USA's Prompt Global Strike
Russia's new torpedo carrying 100-megaton nuclear warhead nullifies USA's Prompt Global Strike
Russian poultry stuffed with antibiotics and dangerous bacteria
Americans declassify plans to drop 466 nuclear bombs on USSR
Russia's new torpedo carrying 100-megaton nuclear warhead nullifies USA's Prompt Global Strike
Russia's and China's gold may end global domination of US dollar
Unveiled: Secret Pentagon UFO program. From science fiction to science fact
Russian poultry stuffed with antibiotics and dangerous bacteria
Russia eyes opportunity to restore all Soviet bases that had to be abandoned after 1991
Call girl dies of asphyxia in bizarre sexual encounter
Call girl dies of asphyxia in bizarre sexual encounter
Call girl dies of asphyxia in bizarre sexual encounter