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Belarusian Prime Minister Sergei Sidorsky and Russian Prime Minister Vladimir Putin will discuss joint actions amid the global economic downturn in Moscow on January 30, Sidorsky said on Wednesday.

We will meet with Vladimir Putin at a session of the [Belarus- Russia] Union's government and discuss a plan of joint actions amid the global financial crisis and will consider a number of issues that need to be given more intense attention during the crisis, Sidorsky said at a meeting with Russian Economic Development Minister Elvira Nabiullina in Minsk on Wednesday.

Among issues that would require more active work, Sidorsky mentioned above all the system of credibility of payments.

Sidorsky pointed out that subsidiaries of many Russian banks operate in Belarus, and Belarus plans to offer a number of projects to Russia's Vnesheconombank in February to support the economy. We need to make decisions in favor of our producers, he said.

Sidorsky also pointed to the significant growth in trade between Belarus and Russia, which has reached $35 billion. At the same time, he said growth in Russian exports is alarming to Belarus. It is significantly higher than we expected, he said.

Nabiullina emphasized the importance of joint steps in overcoming the crisis. We will work to make our economies more competitive, and this depends on the mutuality of our actions, she said.

Speaking about coordination between Belarus' and Russia's positions, Nabiullina said, There are positions on which we understand each other well, and there are positions on which we need more discussion.

Nabiullina said she was sure that the two governments would submit a joint action plan to their prime ministers by January 30.

The Belarus-Russia Union's Council of Ministers will gather for a session in Moscow on January 30.

The agenda of the Council of Ministers' meeting includes more than 20 important issues related to interaction in promoting Russian- Belarusian integration. It is also planned to discuss joint steps to overcome the negative influence of the global financial crisis on the Russian and Belarusian economy, the Russian government said in a statement.

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