N. Nazarbayev proposes to sign pact on global regulation of world economy

'I think, for strengthening international coordination, it is necessary to sign a pact on global regulation by all countries,' the President made it public at the 4^th Astana Economic Forum 'New Decade: Challenges and Prospects' in Astana.

According to the President this pact is going to become a real document to coordinate key elements of the international economic policy.

'Thanks to joint efforts of all countries we will be able to resist challenges and threats and ensure stable development. I think the world policy should be based on three components: first - coordinated microeconomic management, second - global market regulation and third - effective monetary and financial systems,' the Leader of the nation said.