New Bloc "Eurasian Union" headed by Russia plans integration with EU 2015
Post date: Dec 26, 2011 5:10:54 PM
26.12.2011
Russia plans 'Eurasian Union' on EU model
Eurasian Union: Russia, Belarus and Kazakhstan
Integration on the post-Soviet territory is becoming a reality. In 2011 the Customs Union of Russia, Belarus and Kazakhstan was launched. On January 1, 2012, the three states are going to start working within a single economic zone. This all, however, was part of a more significant project called the Eurasian Union. Some western analysts believe that if the project is successful, the U.S. and China will have to face a new strong rival on the international scene.
image credit RIA Novosti: english.ruvr.ru
Russia is first and foremost touting the economic benefits of such a union,
like cheaper gas. Kyrgyzstan and Tajikistan are in talks about joining as well.
On January 1, 2012, a new version of the common economic area between
Russia, Belarus and Kazakhstan comes into effect. The three countries had
already founded a customs union in 2007, and Putin has said integration
with the EU could take place by 2015.
source: dw-world.de