Russia, Azerbaijan and Turkey to Form Economic Union

RUSSIA, AZERBAIJAN AND TURKEY TO FORM ECONOMIC UNION

30.03.2005 05:02

/PanARMENIAN.Net/ On March 29 President of the Azeri-Turkish Union of
Entrepreneurs Ahmed Erentok told journalists that the Confederation of
Businessmen of Eurasia will be founded in Baku in June, Yerkir daily
reports. The agreement was achieved during the sitting of the Council on
Foreign Affairs, which unites the business organizations in Turkey,
Russia and Azerbaijan as well as the Central Asian states. The sitting
participants also agreed on formation of the Eurasian Economic Union
(EEU). `It is time to proceed from bilateral relations to multilateral.
For Turkey it is an alternative before joining the EU, for Azerbaijan –
the possibility to use communication potential in the cooperation with
other states’, Mr. Erentok said.

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