Basescu against Russia's stance on CFE treaty

During the GUAM summit of ex-Soviet states at Baku, the Romanian President Traian Basescu emphasized on the region’s importance for energy security and pointed out the need for reduction of Europe’s dependency on Russian energy.

GUAM (Georgia, Ukraine, Azerbaijan, Republic of Moldova) regional bloc is seen as a counterweight to the Kremlin-dominated Commonwealth of Independent States (CIS). [More]