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The main objectives in founding the CIS were to ensure that some measure of economic, financial, and monetary cooperation continued in order to avert a collapse in inter-republican trade; to coordinate price liberalization and market reform; to maintain some degree of coordination in foreign (and especially military) policy, transport, and communications; and to ensure recognition of borders and thus prevent inter-republican conflicts. CIS decisions are reached through regular summits of heads of state and the formation of ministerial committees, with, in theory, all CIS members being equals; however, some members have complained of Russian domination.
Blue symbolizes the ocean. The stars represent the ten main islands. The red stripe stands for the road to progress. Effective date: 25 September 1992.
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