Participants of the CIS Council of Heads of State discussed the current challenges facing the countries under the global economic crisis at the meeting in Ashgabat.

"We understand that the global economic crisis is affecting every country. There was discussed how to protect, what are the tools to do this, how it is possible to accelerate our efforts to compensate for the losses incurred by each country in the world markets," the President of Ukraine Viktor Yanukovych said in an interview with the media in Turkmenistan, ForUm learned from the President’s press service.

He added that that the issue of great importance is the conduct of foreign relations and foreign trade.

"We need to closely coordinate our common actions, to the best possible use of our relations in the format of the CIS and in the bilateral relations between the countries. This was the main theme at the summit," Yanukovych said.

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