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Opinions & Interviews

7 Jun 2016

Enhanced coordination between CIS regulatory authorities named task of strategic importance

Enhanced coordination between CIS regulatory authorities named task of strategic importance

MINSK, 7 June (BelTA) - Enhanced coordination between the regulatory authorities of the CIS countries is the most important task of strategic importance, Belarus President Alexander Lukashenko said as he met with heads of delegations partaking in the 16th meeting of the CIS Council of Heads of Supreme Audit Institutions on 7 June, BelTA has learned.

The head of state noted that the attendance of Slovakia’s representative is illustrative. “This fact suggests that the idea of mutually beneficial East-West cooperation is all the more relevant. I think that Eastern Europe remembers well how effective was the Council for Mutual Economic Assistance, which united the capacities of many countries for the common good,” Belarusian President noted.

According to Alexander Lukashenko, it is no accident that this idea is reborn in the formula “integration of integrations” promoted by Belarus, and it is the CIS member states who should show a good example here.

“This is especially important now when the world is shaken by crises which most adversely affect the situation in the CIS countries. Therefore, enhanced coordination between the regulatory authorities, the development of common approaches to the prevention of financial violations, the exchange of experiences in the development of new methods of work is a task of strategic importance. Because this means the security of every CIS state and the political and economic viability of the CIS as a whole,” Alexander Lukashenko noted.

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