The new Treaty establishing the Eurasian Economic Union raises concerns about stability of Kazakhstan's national currency, the tenge, among the representatives of foreign diplomatic missions in Astana.
The president of Belarus Alexander Lukashenko, Kazakhstan’s president Nursultan Nazarbayev, and Russia’s Vladimir Putin has signed the Treaty establishing the Eurasian Economic Union.
Russian President Vladimir Putin on Thursday arrived in the Kazakh capital where he was set to sign a deal with his Kazakh and Belarussian counterparts creating a new economic union championed by Moscow.
According to him, our nation is a land-locked one; the member states will provide us with boss an access to seas and their respective transport infrastructure.
Nursultan Nazarbayev appealed to Russian and Belarusian counterparts to take preparation of the Eurasian Economic Union agreement seriously and not to make hasty decisions.
Kazakhstan's President Nazarbayev has given a speech at the Lomonosov Moscow State University in which he stated that rebirth of the Soviet Union was impossible.
According to President Nazarbayev, “local integration serves the interests of people (…) to ensure effective development, any nation needs developing neighbors among other things”.