Commonwealth of Independent States Strengthens Economic Ties

Article abstract: During 1994, the Commonwealth of Independent States (CIS), as a result of several meetings, consolidated economic cooperation by adopting an Interstate Economic Committee.

Creation of an Economic Committee

On October 21, 1994, the twelve member nations of the Commonwealth of Independent States (CIS)—the former republics of the Union of Soviet Socialist Republics—agreed to form the Interstate Economic Committee (IEC) as a permanent body coordinating their economic relations. This was one of several developments in 1993 and 1994...

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