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Summit in Yalta Ends in Agreement to Establish CIS Common Energy Market

Oil&Gas Materials 26 May 2007 12:15 (UTC +04:00)

Azerbaijan, Baku / Trend / The meeting of the Council of CIS Prime Ministers held on 25 May in Yalta resulted in a decision to establish a common energy market of the CIS countries, the UNIAN quotes the participants of the meeting who spoke on the results of the summit at the press conference in Livadia (Big Yalta).

Russian Prime Minister, Mikhail Fradkov, stated that the market will enable more expedient utilization of energy power and expanded electricity trade. "Necessary conditions have been provided for equal access to energy opportunities of our countries," he noted. Prime Minster added that despite the decision to establish an energy market the document was undersigned not by all participants of the gathering.

Replying to the question of correspondents who were those who had not undersigned the document Fradkov said " Russia did undersign." He avoided details.

Later, correspondents referred the same question to the First Prime Minister of Ukraine, Nikolai Azarov. However, they failed to clear out whether Ukraine was among those who had undersigned the agreement. Azarov evaded the question.

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