Russia lends US$ 2 billion to Belarus
The two countries are looking at a joint-plan to tackle the current financial turmoil and are continuing talks over the creation of a common currency. Russia and Belarus have already agreed to switch to roubles when trading oil and gas. This will be one of the key points of the joint-plan due to be approved by early February 2009, said Andrey Kharkovets, Belarusian Finance Minister.
At the end of 2007 Russia lent Belarus US$1.5 billion.