Putin wants to form new currency union – Expressen

Russian President Vladimir Putin wants a new currency union.

The Union, he wants to form together with Belarus and Kazakhstan, according to Swedish Radio.

A new currency union proposed by the Russian President Vladimir Putin. The he wants, according to several international media, form together with two of Russia’s closest allies: Kazakhstan and Belarus.

– To work shoulder to shoulder makes it easier to respond to external financial and economic threat, Putin said according to SR.

The proposal comes after the United States and several Western countries have threatened Russia with further sanctions, while Russia’s weakening economy was hit by both Kazakhstan and Belarus. However, neither of the two countries’ presidents yet commented on the proposal.