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Russia, Kazakhstan Could Set Up Fund To Seal Eurasec Economic Ties

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  • Russia, Kazakhstan Could Set Up Fund To Seal Eurasec Economic Ties

    RUSSIA, KAZAKHSTAN COULD SET UP FUND TO SEAL EURASEC ECONOMIC TIES

    RIA Novosti
    14:00 | 27/ 01/ 2009

    MOSCOW, January 27 (RIA Novosti) - Russia and Kazakhstan could set
    up a regional fund within the framework of Eurasec in an effort to
    develop joint economic policy among the bloc's member-states, the
    Russian prime minister told Bloomberg.

    Eurasec, established in 2000, is an international economic
    organization comprising Belarus, Kazakhstan, Kyrgyzstan, Russia and
    Tajikistan. Three other former Soviet republics, Armenia, Moldova,
    and Ukraine have observer status.

    "For example, we are now considering the possibility of setting up
    a small but genuinely functioning fund within the framework of the
    well-known integration body Eurasec. Together with Kazakhstan, we
    are making arrangements to invest some funds into it by attracting
    small but real resources of other countries to use these funds for
    development," Vladimir Putin said in an interview broadcast on Tuesday.

    From: Emil Lazarian | Ararat NewsPress
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