POLITICS
SITTING OF CIS ECONOMIC COUNCIL HELD IN MOSCOW
Economic Council considered projects of agreements on establishment of favorable legal, organizational and economic conditions for integration of Commonwealth countries. Focused were the questions on agreement on establishing favorable conditions for expansion of leasing activity in CIS, concept on inter-regional and trans-border cooperation, the program for creation and functioning of grain market. Besides, discussed was the decision of the Council of heads of states of Commonwealth on giving to the Council of the heads of high financial bodies of control of the CIS member-states the status of field cooperation, and others.
A number of documents approved by the Economic Council will be submitted for consideration at the council of the heads of governments.
It has to be noted that the sitting was opened by chairman of the Executive Committee – Executive Secretary of CIS Vladimir Rushailo, who, underlined that the Economic Council made notable contributions in strengthening of inter-action in the economic field of the Commonwealth states and it allows to hope for establishment in future of free trade zones with gradually forming common economic space.
At the meeting, also were present ex-chairman of the Executive Committee Yuri Yarov, whom was presented Diploma of the Commonwealth for particular contributions in strengthening of friendship and cooperation among the CIS countries.