At the press conference concerning the results of a meeting of the Supreme State Council of the Russia and Belarus Union State, President Vladimir Putin said that, in order to ensure a smooth transition of bilateral cooperation and according to world market principles, both parties should live up to previous agreements and the contracts. Russia will provide Belarus with 1.5 billion dollars in credit. That decision is reflected in a memorandum on economic cooperation signed by the two leaders. Following the meeting of the State Council the presidents of Russia and Belarus also issued a joint statement.
Among other documents signed in the presence of the heads of state were the Agreement on Equal Access to and Exchange of Medical Services, the Agreement on Equal Access in the Pricing Policy of the Railways, and an Agreement between Vnesheconombank and Belvneshekonombank Concerning Subordinated Loans.