December 23, 2008 - 15:30 AMT
Armenian, Russian, Kazakh, Kyrgyz, Tajik leaders to establish joint foundation
The Presidents of Kazakhstan, Armenia, Kyrgyzstan, Russia and Tajikistan discussed a wide scope of issues during the informal summit in Astana on December 19 and 21.

The leaders decided to form CSTO collective force of fast response and to establish a joint foundation, with 10 billion USD as financial capital, which will function to help world crisis relief efforts. They also agreed to establish a high technology center to deal with implementation of innovation projects, says the report on Kazakh President's website.