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Belarus and Kazakhstan refuse to accept Russian trade cuts on Ukraine

Published time: June 30, 2014 16:56
Russian President Vladimir Putin (R), Kazakh President Nursultan Nazarbayev (C) and Belarus President Alexander Lukashenko take part in a meeting of the Eurasian Economic Union in Astana May 29, 2014 (Reuters / Mikhail Klimentyev)

Russian President Vladimir Putin (R), Kazakh President Nursultan Nazarbayev (C) and Belarus President Alexander Lukashenko take part in a meeting of the Eurasian Economic Union in Astana May 29, 2014 (Reuters / Mikhail Klimentyev)

If Russia wants to raise tariffs on Ukrainian imports or even ban products completely, it first needs the support of its Customs Union partners. If it doesn’t get it, it may act alone, says Deputy Prime Minister Igor Shuvalov.

However, Shuvalov didn’t specify how Russia could do it on a unilateral basis, Vedomosti newspaper reports.

Russia failed to persuade its economic allies in the Customs Union – Belarus and Kazakhstan – to support it and introduce increased fees on Ukrainian imports, says the paper citing a government official who participated in the Eurasian Economic Committee talks.

The refusal seems logical at the moment, the official said. Kazakhstan is now trying to join the WTO and Ukraine could block its accession. Belarus in turn has a vast border with Ukraine and closing it would mean huge losses for the country, he explained.

This week Ukraine will hold trilateral talks with the EU and Russia to sort out the details of how Kiev will balance trade between Moscow and Brussels. Currently Ukraine is part of a former-Soviet state Partnership and Cooperation Agreement, a trade pact the country signed in 1998.

"This is a conversation that concerns all sides - Ukraine, Russia, and all our partners at the common economic space,” Dmitry Peskov, President Putin’s spokesman, said, as quoted by Vedomosti.

“Protective measures are needed, and we will continue the dialogue so that the measures are multi, and not unilateral," he added.

Ukraine signing the free trade agreement with the EU will complicate its trade relations with Russia, which insists Kiev can no longer enjoy preferential trade treatment.

On Friday, Ukraine’s President Petro Poroshenko signed the economic portion of the Association Agreement with the EU, which slashes trade tariffs between the ex-Soviet state and the European market.

Georgia and Moldova also signed both political and economic parts of the Association Agreement on Friday. Armenia has expressed interest in joining the Eurasian Economic Union and so has Azerbaijan.

Comments (27)

 

Eric Daniels 07.07.2014 02:27

Russia can ask for cooperation but should also respect the other countries may have too much cost involved in cooperation. Putin I'm sure will be upset as anyone would be but understanding shall prevail in diplomatic solutions.

Lets just hope Ukraine doesn't continue to push Russia into a corner where Russia will be forced to respond in an aggressive manner. I fear that is what Ukraine is really after dragging Russia into a conflict it would rather avoid.

 

Terry Ross 06.07.2014 17:22

Matt 01.07.2014 16:57

@Victor999 "Who was it that defied Putin, and how did they defy him?"

Anna Politkovskaya. She was a journalist critical of his government. She was murdered on his birthday. The Russian government has failed to bring justice in the murder of many journalists.

  



All those responsible for her murder are now doing lengthy prison terms except the mastermind gangster Berezovski who has eternally escaped punishment.

Perhaps if the UK had forced him back to Russia instead of giving him safe haven....we shall never know.

 

Dampen Damper 03.07.2014 09:02

Matt' time
Anna Politkovskaya..[/quo te]




Forget about this old dead Zionist.


View all comments (27)
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