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CIS states sign agreement to form common electric power market

DUSHANBE, May 28, Asia-Plus – An agreement forming a common electric power market in the CIS was signed between Armenia, Belarus, Russia, Kazakhstan, Kyrgyzstan and Tajikistan at the 19th meeting of CIS premiers in Yalta on Friday May 25.

The agreement will enlarge electricity selling in the CIS, Prime Minister Mikhail Fradkov said. As for the refusal of some countries to join the accord, he said, “I do not think that anyone will have problems because of that. It is a pity to miss the chance, because electric power means energy security.”

Ukrainian First Vice-Premier Nikolai Azarov, whose country did not join the accord, said that Ukraine would develop energy cooperation with CIS partners. He did not make further comments, Prime Tass said.

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