Russian President Dmitry Medvedev submitted the agreement on approval of EurAsEC anti-crisis fund to the State Duma.
The $10 billion EurAsEC anti-crisis fund is meant to counter problems in economies and financial markets of member states.
Russia contributed $7.5 billion. Kazakhstan’s contribution amounted to $1 billion. Kyrgyzstan, Tajikistan and Armenia contributed $1 million each.
The Eurasian Economic Community, established in 2000, comprises Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan. Three other former Soviet republics – Armenia, Moldova and Ukraine – have observer status.
