ArmInfo. The lifting of some national restrictions will allow the CIS to achieve much greater success. According to RIA Novosti, Russian President Vladimir Putin stated this while speaking at the CIS Heads of State Summit in Turkmenistan.
According to Putin, by the end of 2025, trade turnover between Russia and other members of the community exceeded $110 billion, and in the first half of 2026, it increased by another 19 percent. Is it possible to move even faster? Probably so. What needs to be done to achieve this? Remove barriers. We are consciously slowing the pace," he said.
Today, almost all settlements between the member states are conducted in national currencies, and their share in commercial transactions has exceeded 90 percent. Such a strong and independent financial infrastructure allows the community to strengthen economic cooperation despite external influence, Putin emphasized.
The Russian leader added that CIS business circles are implementing major industrial and infrastructure projects. "New Eurasian production and transport chains are being formed. Transcontinental logistics corridors North-South and East-West are being modernized and developed," the Russian president noted, adding that, in addition, Commonwealth countries are increasing the pace of import substitution and the production of a wide range of goods.
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