11 Oct 2019 15:01

Russia to sign CIS declaration of strategic, economic cooperation - Putin

ASHGABAT. Oct 11 (Interfax) - Russia will sign a CIS declaration of strategic and economic cooperation, President Vladimir Putin said at the CIS summit in Ashgabat on Friday.

"We support the initiative of the CIS chairman, President of Turkmenistan, and will sign the Declaration of Strategic and Economic Cooperation, which sets the absolutely correct course, here today," Putin said.

"This comprehensive document encourages contacts between enterprises, sectorial cooperation, etc.," he said.

"It relates to high tech, expansion of joint transport infrastructure, telecommunication networks, and innovative development of the energy sector. In my mind, each of these things is crucial," Putin said.

He also called for deeper cooperation in the forex field.

"Clearly, we should protect ourselves from forex risks, develop cooperation in the forex area, and coordinate our forex policy. We will be able to declare the formation of a common monetary market when we do that," Putin said, adding, "I have no doubt that it will bolster our common competitive edge."

It is also important "to continue the preservation of the common cultural, scientific, and educational space, and to develop humanitarian contacts," Putin said.