Bank Of Baku

CIS message: “Eastern Partnership” countries can face with problems

CIS message: “Eastern Partnership” countries can face with problems
# 14 May 2009 10:08 (UTC +04:00)
He said coordination of legislation with the EU standards demanded to review the CIS agreements, which makes the Eastern Partnership make choices. “As a man, who knows the countries’ economy, I can say that the European Union cannot compensate the losses the Eastern Partnership countries can face in the current situation”. Lebedev said EU-proposed $600 million assistance could not meet the participating countries’ needs. Lebedev said he hoped that participation of the six CIS countries wouldn’t effect on their activity within CIS and they would stay in the organization.

EU and Azerbaijan, Georgia, Armenia, Ukraine, Moldova and Belarus signed the Eastern Partnership Declaration in Prague on May 7.
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