Economic situation in Belarus, Russia and Ukraine

Motion for a Resolution

Doc. 7823

2 May 1997

presented by Mr BLAAUW and others

1.Following the Assembly's Resolution 1078 (1996) on the economic situation in Belarus, Russia and Ukraine, the developments there continue to give rise to both hope and concern: hope, in that many parts of the Russian and Ukrainian economies are showing dynamic growth, while inflation and budget deficits are being brought under greater control. Concern, in that the coming months will be crucial in determining whether growth and reforms will have turned a corner, and in that much remains to be done in such fields as institution-building, economic legislation and business ethics before these countries can be said to have reached firmer ground.

2.Considering the vital importance of stable and growing economies in Russia and Ukraine for the whole of the neighbouring region and Europe, the Assembly reaffirms the Council of Europe's commitment to continued assistance in the reform efforts, within the framework of its cooperation with institutions such as the European Union, the OECD, the European Bank for Reconstruction and Development, the International Monetary Fund and the World Bank.

Signed: (1)

Blaauw, Netherlands, LDR

Bratina, Italy, SOC

de Puig, Spain, SOC

E�rsi, Hungary, LDR

Iwinski, Poland, SOC

Jansson, Finland, LDR

Muehlemann, Switzerland, LDR

Piatkowski, Poland, EPP

Schwimmer, Austria, EPP

Suchocka, Poland, EPP

Wielowieyski, Poland, LDR

Note: 1SOC: Socialist Group

EPP: Group of the European People's Party

EDG: European Democratic Group

LDR: Liberal, Democratic and Reformers Group

UEL: Group of the Unified European Left

NR: Not registered