Six CIS states' leaders, who gathered in the Crimea for the informal CIS summit, will continue working on creation of the common market agreement, RIA Novosti reported.
The CIS countries' members said they had reached the decision to continue working on common market's new agreement that would ease the trade transactions on the post-Soviet states' territory.
The CIS, a loose association of post-Soviet countries, consists of Azerbaijan, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Uzbekistan and Ukraine. Georgia pulled out of the organization in 2009.
The informal summit takes place in the Livadia Palace near the city of Yalta.
The location is peculiar since the Livadia Palace is known as a location for the legendary Yalta conference in 1945 where the leaders of Anti-Hitler coalition established a bipolar world order that remained unchanged for 50 years.