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.