PUTIN, LUKASHENKO TO MEET IN SOCHI

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SOCHI, August 23 (RIA Novosti) - Russian President Vladimir Putin will have a working meeting with his Belarussian counterpart Alexander Lukashenko in Bocharov Ruchei, his Sochi residence, on Monday, Kremlin spokesman Alexei Gromov reports.

The two leaders will discuss bilateral co-operation, above all in the trade and economic sphere, said Gromov.

According to RIA Novosti, the sides will also consider other issues of bilateral co-operation, Russian-Belarussian integration processes, the situation around South Ossetia and Abkhazia.

Under discussion will also be energy co-operation. Russia is ready to provide Minsk with a loan to cover shipment expenses for uninterrupted Russian gas deliveries to Belarus. Moreover, arrangements are being conducted to create a joint gas transporting organisation on the basis of Beltransgaz.

Russia and Belarus are still discussing the date and conditions of introducing the Russian ruble as the common currency for the two countries within the union state.

Putin and Lukashenko will analyse progress in forming common economic space (together with Ukraine and Kazakhstan).

On the whole, the two countries' relations are dynamically developing. Trade turnover increased 33.8% up to $7.5 billion in the first six months of 2004.

The previous bilateral meeting between the two presidents took place on June 5 in Sochi (followed by two top-level contacts in a trilateral format - on June 27 when the Russian, Belarussian and Ukrainian leaders opened a youth festival, Friendship-2004, in the Chernigov region, Ukraine, and on July 2 in Minsk and Khatyn, Belarus, during festivities devoted to the 60th anniversary of Belarus's liberation from the Nazi).

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