Lower parliamentary house passes ratification bill for Eurasian Economic Community’s anti-crisis...

The House of Representatives of the Belarusian National Assembly on October 27 passed the ratification bill for agreements on the establishment of the anti-crisis fund of the Eurasian Economic Community (EurAsEC). The first deputy finance minister, Uladzimir Amaryn, presented the legislation to the lower chamber. The EurAsEC member countries -- Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan – concluded an agreement on the establishment of the fund on June 9. Armenia also joined the accord. The fund is to be used to distribute sovereign and stabilization loans to EurAsEC member countries and to finance interstate investment projects. Russia, Kazakhstan and Belarus are expected to contribute... [read full story]                    

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