Presidents of Russia, Kazakhstan, Armenia, Tajikistan and Kyrgyzstan during the informal summit in Borovoi (Akmola region) made a decision on establishment of joint crisis fund, reported press service of the President of Kazakhstan on 22 December.
“decision was made to establish $10 billion join fund to help states to overcome effects of the global economic crisis,” the reports said.
“At the summit, heads of State discussed wide range of issues of regional cooperation, collective security and joint solution of economic problems in world crisis,” the report informs.
