Russia assumes chairmanship of CIS

Moscow, The Gulf Observer: Commencing today, Russia has assumed the chairmanship of the Commonwealth of Independent States (CIS), inheriting the leadership position from Kyrgyzstan, according to media reports. This transition marks a significant moment as Russia undertakes the responsibilities and duties associated with guiding the cooperative efforts and strategic initiatives among member states within the CIS. The seamless transfer of the chairmanship signifies a continued commitment to fostering collaboration and advancing collective goals among the member nations under Russia’s stewardship.

In a recent statement, Russian President Vladimir Putin highlighted the nation’s intent to persist in the active adoption of national currencies for mutual settlements within the economic sphere. Emphasizing this commitment, President Putin underlined Russia’s ongoing efforts to facilitate a more pronounced transition towards utilizing domestic currencies in bilateral trade and financial transactions. This strategic direction aligns with the country’s pursuit of greater economic autonomy and stability while fostering strengthened economic ties with international partners through the reduced dependency on foreign currencies in trade interactions.

He also noted the importance of joint action of the CIS countries in the fight against terrorism and extremism, cross-border crime and illegal drug trafficking, and corruption.

Among other things, Russia intends to focus on the expansion of cultural and humanitarian relations, cooperation in the fields of health, science, education and sports.