NEWS AND EVENTS
August 17, 2006
On EURASEC and CSTO Summit in Sochi
Heads of member states of the Eurasian Economic Community and the Collective Security Treaty Organization held an informal meeting in Sochi city, Russia on Wednesday.
President of Uzbekistan Islam Karimov, President of Russia Vladimir Putin, President of Armenia Robert Kocharyan, President of Belarus Alexander Lukashenko, President of Kazakhstan Nursultan Nazarbayev, President of Kyrgyzstan Kurmanbek Bakiyev, President of Tajikistan Emomali Rahmonov and Prime Minister of Ukraine Victor Yanukovich (as an observer) participated in the meeting.
The leaders discussed creation of the Customs Union within the EurAsEC and exchanged views on the community\'s perspectives, UzA reported.
Among other discussed issues were creation of the single energy market and the water and energy consortium.
The presidents also discussed issues of cooperation in the field of security. They listened to the reports of the EurAsEC General Secretary Grigory Rapota and CSTO General Secretary Nikolai Bordyuzha.
At the press conference after the negotiations, the leaders said they had common views on the issue of development of the single energy market. They also said they discussed cooperation in development of nuclear energy and efficient use of water resources in Central Asia.
The Customs Union will start functioning among Russia, Belarus and Kazakhstan. Other member states will join it after bringing their laws in accordance with the Customs Union documents.
A special attention was paid to cooperation between EurAsEC and CSTO. The presidents signed a document confirming Uzbekistan\'s official membership in this CSTO. The resumption of membership was announced at the previous summit of the two structures in Minsk, Belarus.
President of Uzbekistan Islam Karimov said without ensuring security it was hard to develop economy and inter-state integration processes.
The head of Uzbekistan received Ukrainian Prime Minister Victor Yanukovich at his residence, and the two discussed development of trade and economic relations. The sides stressed the importance of conducting a session on trade and economic cooperation, and expansion of ties in the oil and gas industry.
Islam Karimov and Victor Yanukovich underlined that the two countries had a great potential for efficient cooperation in various sectors. Ukraine demonstrated interest to exploration of oil and gas fields in Uzbekistan. The sides also said they were interested in investment cooperation.