In accordance with the agreements reached at the informal meeting of the President of Kazakhstan, President of Russia, President of Kyrgyzstan, President of Tajikistan, and President of Armenia on December 19-21, 2008 in Burabai the heads of member countries of the EurAsEC discussed issues on joint overcoming of the effects of the global economic crisis.

Following the meeting, the heads of state of the Organization’s member countries signed an agreement on establishing a joint Anti-Crisis Fund with funds of US$ 10 billion and a Centre for High Technologies.

The establishment of the fund will help the EurAsEC member countries coordinate their work in avoidance of the destabilizing factors’ effects on national economies, in support large enterprises and business activity.

The activity of the Centre for High Technologies is aimed at joint elaboration and realization of the scientific and technical programs, innovation and venture projects.

A meeting of President Nursultan Nazarbayev and President Dmitry Medvedev took place following the CSTO and the EurAsEC summits. It was the first meeting of the leaders of the two countries in 2009, in the course of which current issues of bilateral cooperation were discussed and specific short-term prospects of interaction were emphasized.

President Nursultan Nazarbayev signed the Law of the Republic of Kazakhstan “On Introduction of Amendments and Supplements to the Law the Republic of Kazakhstan “On Political Parties” directed to liberalization of the legislation on political parties and improvement of organizational and legal issues of their activity.

President Nursultan Nazarbayev signed the Law of the Republic of Kazakhstan “On Introduction of Amendments and Supplements to Some Legislative Acts of the Republic of Kazakhstan on Mass Media Issues” directed to improvement of the legislation on mass media and simplification of administrative procedures related to mass media activity.

The text of the Law will be published in the press.