11.11.2011 [News]

CIS states sign Free Trade Zone agreement

On 18 October, St Petersburg hosted the 58th Meeting of the Council of CIS Heads of Government. The key events of the Meeting was the signing of the CIS Free Trade Area Agreement and the adoption of the Intergovernmental Programme for Innovative Cooperation of the CIS Member States for the period until 2020.

The Programme for Innovative Cooperation of the CIS member states is targets at the creation of the foundation for improvement of the global competitiveness of the CIS Member States economies, their transformation into a socially-oriented economy, the implementation of the priorities of economic development in the sphere of innovations based on effective interaction between the national systems of innovation within an integrating innovative space, strengthening the Commonwealth’s position as one of the world technology leader.

The Program envisages the development of the interstate cooperation in the sphere of the innovations, the mobilization and development of Science&Technology capacity of the Commonwealth, the staffing for innovative cooperation of CIS countries, sharing and development of innovation infrastructure, as well as international regulation of innovation activity.

The leading developer of the Programme is the National Research University - Higher School of Economics. It implements the function of coordination and technical centre for supporting and organising cooperation on a comprehensive scale between the national contact centres. 

Source: CIS official Internet-portal and HSE