Interfax-Kazakhstan: “Turkey could join Customs Union, Russian expert”

 Almaty. July 18. INTERFAX-KAZAKHSTAN – The Customs Union could expand at the expense of Turkey, Russian economist Mikhail Khazin reckons.

“The Customs Union and the Unified Economic Space should expand. I believe that Turkey’s entry would bring significant progress,” Mikhail Khazin said while lecturing on the global economic and the Customs Union development in Astana.

According to Mikhail Khazin, these unions feature a natural process that destroys the world system of labor division. In his words, the Customs Union member countries should look deeper into the investment process issues, decrease in assets and oil exports.

The Russian expert also said that it was too early to introduce a single currency in the Customs Union.

This material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. Neoeconomica has no affiliation whatsoever with the originator of this article nor is Information Neoeconomica endorsed or sponsored by the originator.)

Submit comment

Allowed HTML tags: <a href="">google</a> <strong>bold</strong> <em>emphasized</em> <code>code</code> <blockquote>