CIS member nations to work out common economic development strategy

Asia-Plus

The CIS Executive Committee notes that a working group is supposed to be set up for elaboration of CIS economic development strategy for the period up to 2030.

The group will comprise representatives of economic and financial agencies as well as researchers and experts from the CIS member nations.  The group should begin its work in the first quarter of 2019. 

This issue was reportedly discussed at the next meeting of the CIS Economic Council that took place in Moscow on June 14.

The Minister of Economic Development and Trade, Nematullo Hikmatullozoda, represented Tajikistan at this meeting.     .

The CIS Committee for Statistics has been ordered to continue monitoring of the key macroeconomic indicators of economic development of the CIS, according to the CIS Executive Committee.  This information will be sent to the governments of the CIS member nations. 

The meeting reportedly also endorsed a number of draft documents that will be submitted for consideration to the CIS Council of Heads of Government.  Among them are the draft agreements on cooperation between the CIS member nations on ensuring preparedness in the event of nuclear accident or radiation emergencies and mutual aid in mitigating their effects and cooperation in preventing and liquidating focuses of diseases and the forest vermins in border areas of the CIS member nations,  

The meeting participants also endorsed the draft concept of cooperation between the CIS member nations on production of high-tech power equipment and the draft plan of actions for implementation of this concept.   

The CIS Economic Council is the principal executive body which ensures implementation of decisions of the Council of the Heads of State and the Council of the Heads of Government of the CIS countries on the implementation of the Free Trade Agreement and other matters of socio-economic cooperation.

Established on December 8, 1991 after the dissolution of the Soviet Union, the Commonwealth of Independent States (CIS) is a regional organization.  It now consists of Azerbaijan, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Uzbekistan and Ukraine.  Georgia pulled out of the organization in 2009.

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