Putin puts hold on Belarus link

President Vladimir Putin of Russia dashed prospects for speedy progress on a proposed merger with neighbouring Belarus yesterday…

President Vladimir Putin of Russia dashed prospects for speedy progress on a proposed merger with neighbouring Belarus yesterday, telling Belarussian President Alexander Lukashenko that the project required careful thought.

The two leaders, meeting in the Belarussian capital, Minsk, ahead of a summit of 11 former Soviet states, also signed the latest in a series of accords moving towards using the Russian rouble in both countries by 2005 and establishing a joint currency by 2008. Details of the introduction and use of the currency were still to be decided.

Mr Putin, however, appeared to pour cold water on Mr Lukashenko's long-held desire for the union to assume a greater political role.

"The creation of a union state demands the voluntary renunciation of a certain amount of sovereignty, so we first need to think 100, or 1,000, times and only then act," Mr Putin told reporters.

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Mr Lukashenko, irked by Western allegations that last month's parliamentary election fell short of international standards, has said he might ask the mission of the Organisation for Security and Co-operation in Europe (OSCE) to leave. He also promised tough action against those who threaten the established order.

Today's meeting of 11 of 12 heads of state of the post-Soviet Commonwealth of Independent States is expected to examine common policy on fighting terrorism and money laundering and setting down the legal base of the CIS.