Delegations of GUAM, the Organization for Democracy and Economic Development, will gather for a session in the Ukrainian capital. The event slated for March 27 will include a business forum, where parties will be discussing opportunities for development of export and investments.
GUAM (Georgia, Ukraine, Azerbaijan, Moldova), the regional organization, was created in 1997. Given the existence of the Russian-led Commonwealth of Independent States (CIS), GUAM is sometimes seen in Russia as a way of countering the Russian influence in the area and as part of a strategy backed by the United States. However, GUAM leaders repeatedly and officially dismiss such claims and declare their strong willingness to develop close friendly relations with Russia.