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CIS PMs approve economic development strategy
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10:24, November 15, 2008

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Leaders from the Commonwealth of Independent States (CIS) approved Friday the bloc's economic development strategy for the period to 2020 in Chisinau, the capital of Moldova, Russian news agencies reported.

The strategy was fine-tuned according to suggestions made at the CIS summit in the Kyrgyz capital of Bishkek on Oct. 10.

The document aims at injecting new impetus to economic development of the member states, ensuring stable and balanced economic growth and economic security, the Itar-Tass news agency quoted officials at the CIS Secretariat as saying.

At the meeting, prime ministers instructed the CIS economic council to formulate and to present a set of additional measures intended to tackle the global financial crisis.

The leaders also adopted a number of other documents, including an accord giving priorities to transport cooperation and joint measures to enhance food safety.

The CIS, an alliance of 11 former Soviet Republics, groups Russia, Belarus, Kazakhstan, Kyrgyzstan, Azerbaijan, Armenia, Moldova, Tajikistan, Uzbekistan, Ukraine and Turkmenistan. Georgia recently withdrew from the bloc due to the South Ossetia conflict.

Source:Xinhua



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