Putin: Eurasian Economic Union needs to establish its own credit rating agency

[Putin: the Eurasian Economic Union needs to establish its own credit rating agency] May 26-according to a report on the Russian website today, Russian President Putin proposed the establishment of an Eurasian rating agency during the meeting of the Supreme Council of the Eurasian Economic Commission, the highest authority of the Eurasian Economic Union, to ensure that there are sufficient assessment tools to serve the growing economic activities of the Eurasian Economic Union. Putin stressed that the most important thing to establish an Eurasian rating agency is to ensure that the work is objective. Today's Russian website reported that at present, the international credit rating system is dominated by Moody's, Standard & Poor's and Fitch. Some non-Western countries accuse these institutions of economic and political bias in assessing local markets.