Members of the high-level working group for the CIS Single Economic Space (SES) announced in Astana on 3 April that the agreements necessary for the new body will be ready by the end of the year, Kabar news agency reported the same day. The announcement came after Kazakh President Nazarbaev met with the heads of delegations from Belarus, Kazakhstan, Russia, and Ukraine, the four countries that will make up the proposed economic space. The delegation heads also announced that over the next 1 1/2 months their countries' respective parliaments will ratify the Yalta agreements that provide the legal basis for the creation of the SES. The presidents of Belarus, Kazakhstan, Russia, and Ukraine decided at a summit in Yalta in September to form the SES. A significant number of legislative hurdles remain before the SES can become a reality.
KNNA Kabar, April 03, 2004