Home

Åslund

Customs Union Project Shows Moscow's Power Deficit

By Andrea Bonzanni

At the beginning of July, Russia, Kazakhstan and Belarus signed a number of protocols establishing a customs union between the three countries. The union, scheduled to be fully operational in January 2012, will create a single common market of about 170 million people and represents the latest of several attempts by Moscow to create an effective trade bloc with its newly independent neighbors since the break-up of the Soviet Union. In addition to the economic ties maintained through the establishment of the Commonwealth of Independent States (CIS), Russia first committed to a union with Belarus in 1994. READ MORE

Europe urged to be 'visionary' with Ukraine

Experts from Washington have called on the EU to be more daring and propose closer ties with its large Eastern neighbour. But European Commission officials told that the current mood in Europe was not exactly in tune with such an approach. READ MORE