Putin holds 'informal' meet with CIS leaders

Putin holds 'informal' meet with CIS leaders
Putin holds 'informal' meet with CIS leaders

The leaders of member countries in the Commonwealth of Independent States (CIS) held an informal meeting in St. Petersburg.

Russian President Vladimir Putin, whose 70th birthday coincided with the meeting, said at the meeting that economic cooperation between CIS countries was expanding.

Last year, trade turnover between them increased by 30% to a reading of $96 billion, Putin said, underlining that such positive trends could facilitate the use of national currencies between members, boosting their financial sovereignty.

On security in CIS countries, he said that sometimes, member countries had conflicts with each other.

"In our circle, of course, we will also touch upon issues related to the problems of ensuring security in Commonwealth space.

"After all, in addition to Ukraine, where truly tragic events are taking place, unfortunately, conflicts sometimes arise between other close states of the post-Soviet space, and this, of course, requires the development of measures to resolve them," said Putin.

He stressed the importance of exchanging information on drug trafficking, terrorism, extremism, organized crime, and corruption for law enforcement in the CIS.

He said CIS leaders were planning to speak about preparations for a summit on Russian and Central Asian history to take place next week in Astana.

The CIS is a regional intergovernmental organization in Eastern Europe and Asia, formed after the dissolution of the Soviet Union in 1991 at the initiative of Russia, Ukraine, and Belarus.