A session of the council of foreign ministers from Georgia, Ukraine, Uzbekistan, Azerbaijan and Moldova (GUUAM) took place in Tbilisi on Saturday. A spokesperson for the Georgian Foreign Ministry told Rosbalt that the main theme of negotiations is the perspective for creating a free trade zone. Moreover, a set of documents will be prepared for the GUUAM summit which will be held in Yalta on July 4.
Session participants met with Deputy Advisor to US Secretary of State Lynn Pasco, who arrived in Georgia specifically for the meeting. A source within the apparatus of the Georgian National Security secretary told Rosbalt that the US attaches great significance to GUUAM. The Georgian Foreign Ministry said that the US is prepared to allot USD 46 million for improving the border infrastructure of GUUAM.
The head of Russian Technologies, Sergei Chemezov, clarified the fate of anti-aircraft guided missiles that Russia was supposed to deliver to China
The Basmanny Court of Moscow arrested Michael Calvey, the founder of Baring Vostok investment fund, on allegations of embezzling 2.5 billion rubles from Vostochny Bank. Calvey will be held in custody until April 13