CIS Ministers to develop stance on global financial system reformsMay 23, 2012 - 18:19 AMT PanARMENIAN.Net - The sixth meeting of the Council of CIS Finance Ministers will held in Astana on Wednesday, May 23, during the Astana Economic Forum. The meeting could become a platform for developing common positions in the framework of reforming the global financial system that is on G20 agenda. Issues related to the financial and economic situation in the CIS countries, the existing differences in regulatory regimes in the area of banking supervision in these states and their rapprochement, risks to the CIS member states and the chairmanship of the Russian Ministry of Finance during interaction of the ministers of finance are on meeting agenda. The meeting will also address the action plan of the Memorandum of Understanding on Cooperation between Finance Ministries of the CIS member-states, the rules of the ministerial permanent conference and the outcomes of the first meeting of the CIS regional advisory group in the financial stability council, Trend reported. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Putin congratulates Pashinyan’s birthday Russian President Vladimir Putin congratulated Armenian Prime Minister Nikol Pashinyan on his birthday on June 1. Opposition motorcade en route to Gyumri for large rally A motorcade of protesters headed by Archbishop Bagrat Galstanyan is heading to the city of Gyumri. Ruling MPs, Foreign Minister talk Armenia-Azerbaijan processes MOs from the ruling Civil Contract party met with the Foreign Minister Ararat Mirzoyan in the Armenian parliament. Russia: Armenia’s frozen membership weakens CSTO position in Caucasus A Russian envoy said any step that could alienate the CSTO member states from each other is “deeply wrong”. |