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    RUSSIA, KAZAKHSTAN TO SET UP BANK TOGETHER: PUTIN

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    ASTANA, JANUARY 9, RIA NOVOSTI - Russia and Kazakhstan ought to establish an investment bank together, said President Vladimir Putin while in summitry with Nursultan Nazarbayev, his Kazakh counterpart, in Astana today.

    The two countries will benefit with the establishment of multilateral financial agencies in CIS countries. Experts think the Mezhgosbank-interstate bank of the Commonwealth of Independent States-can provide a sound basis for the arrangement, with Russian and Kazakh funds active in the endeavour. The Mezhgosbank ought to face practical tasks, stressed President Putin.

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