The countries of the Eurasian Economic Community will help one another 10 billion dollars.

EurAsEC countries have established a joint crisis fund of 10 billion dollars, informs RIA Novosti. The fund is including support for multilateral projects. The decision was made during the Summit of the Organization in Moscow.
As the President of Belarus Alexander Lukashenko, the contribution of Russia in the crisis fund will Eurasec 7,5 billion dollars, and Kazakhstan - $ 1 billion. How will the balance of the contributions are not reported.
As conceived by the founders of the fund, it will provide government loans to overcome the effects of the global economic crisis, lending to foreign trade of member countries, as well as to fund interstate investment projects.
According to the president of Russia Dmitry Medvedev, a controlling stake in the fund will be owned by Russia. Remember, Russia has previously granted Belarus a credit of 2 billion dollars, half of which came to the Belarusian side. A request of Belarus for another credit value of 100 billion Russian rubles. In addition, Russia has pledged over four years to Kyrgyzia loan size in 1,7 billion dollars.
In October, a similar fund created a crisis in East Asia. Its founders include China, Japan and South Korea, while total fund amounted to 80 billion dollars.
The participants of the Eurasian Economic Community are Russia, Belarus, Kazakhstan, Kyrgyzstan and Tajikistan, and observers - Armenia, Moldova and Ukraine.