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26.03.2010, 13:00 1 comment

Gas key issue as Ukraine, Russia look to restart relations

Russia seems unlikely to significantly lower the price Ukraine has to pay for gas as the Ukrainian Prime Minister held talks with Gazprom and Vladimir Putin in Moscow.

Gas-compressor station Orlovka, Ukraine (AFP Photo / Sergei Supinsky) 12.11.2009, 12:33

New chapter of gas crisis on the horizon

Prime Minister Vladimir Putin has warned Europe about the possible eruption of a new gas dispute with Ukraine.

18.06.2009, 22:08 1 comment

Parties meet on Ukraine gas debts as storage volume concerns mount

Ukraine is looking to get $4 billion dollars from Europe to assist in buying Russian gas. Naftogaz Ukraine has seen net losses increase 80% year on year in the first quarter of 2009, and needs money to pay its debts.

30.04.2009, 22:25

EU Commission seeks to downplay Ukraine gas transit rift

The European Union has no intention of isolating Russia from the process of upgrading Ukraine's gas pipeline network. But Moscow is concerned the involvement of Brussels may result in higher gas transit fees for Russia.

Russian Prime Minister Vladimir Putin (R) meets with Ukrainian Prime Minister Yulia Tymoshchenko (L) in Astana on May 22, 2009 during a Commonwealth of Independent States (CIS) summit (AFP Photo / RIA Novosti / Pool / Alexey Nikolsky) 22.05.2009, 17:42 2 comments

Gas issues cannot be solved with Ukraine’s leadership divided – Putin

The disagreement between Ukraine’s President and Prime Minister hinders Kiev’s ability to negotiate disputed points in energy cooperation, says Russian Prime Minister Vladimir Putin.

06.06.2009, 02:15 2 comments

Ukraine pays Russia for gas, avoids cut off

Ukraine’s “Naftogaz” company has paid its bill for Russian natural gas supplied in May. This happened just three days before the deadline set by Gazprom.

24.03.2009, 16:01

Putin condemns EU deal on Ukraine gas pipelines,

Russian Prime Minister, Vladimir Putin, has condemned the signing of an agreement between the EU and Ukraine on overhauling Ukraine's gas pipelines, saying it is meaningless without Russian involvement.

23.06.2009, 14:46

Ukraine gas payments: Russia ‘reserves the right to act’

Prime Minister Vladimir Putin has reiterated Russia's position saying it reserves the right to act, if Ukraine fails to make gas payments, claiming Ukraine has enough money to pay for gas from its international reserves.

08.10.2009, 09:04

Naftogaz and Ukraine skating on thin ice over next Gazprom payment

European power giant GDF says it will increase its gas reserves, after Ukraine admitted it would have trouble paying its next Gazprom bill and fears of another round of gas disputes mount.

Ukraine, Izmail (AFP Photo / Sergei Supinsky) 16.11.2009, 16:57

EU and Russia take steps to shield consumers from gas cutoffs

The European Union says gas consumers won’t suffer if Ukraine starts another transit war this winter.

Countries look to benefit from Customs Union

Published: 18 February, 2010, 10:51
Edited: 05 March, 2010, 23:29


A new common market is forming on Ukraine's borders and those of the EU. A customs union between Russia and its neighbors will cut business costs and make the region more attractive to investors.

 
2 COMMENTS
Enrique February 19, 2010, 02:17 quote
0

It just shows how inefficient and selfish was the Boris Yeltsin strategy in 1991 by breaking the Common Market when it should have done the opposite: A Common Market, Common Currency and Customs Union, similar to the European Union, OPEN to new member states like Bulgaria, Romania, Greece, Serbia, Mongolia, Afghanistan, Iran...adding 160 million people to the 300 million people of the former soviet (and Russian Empie) Republics. After all, in that Common Market and Currency Union GREECE would have been a Leader, with the highest income per head and the gateway to the Mediterranean Sea.Ukraine also could have competitive products inside that Common Market...Meanshile, inside the E.U.. Common Market most Ukrainian Corporation will have to close because they cannot compete to the ones in Western Europe. That is something Spain and the former DDR know well. So that makes the mistake of Boris Yeltsin catastrophic. Some would say that the Russian Federation couldn´t do any other thing....but that is not true. All the opposite happened as we know from manufacturers like Antonov, or from the Russian Fleet or Baiknour. That strategy was wrong. Probably what Boris Yeltsin thought was just a merger of Russia into the E.U. and NATO, but it is logical his supporters didn´t understand why the U.K. and the U.S. were forcing comfrontation against Russia in places like Ukraine, Georgia, the Baltic states, Poland, of course with the support of local Nationalist parties. From an economic and social point of view a Common Market, Customs Union and Currency Union under a Western-like Capitalist system, including not just the former soviet Republics (from Ukraine to Kazakhstan) which ALREADY had a common market, a customes union and a currency union, but also friendly countries with an old cultural and historical link to Russia like Bulgaria, Romania, Serbia, Greece and Mongolia...and open to build a common market with other nations like Afghanistan and Iran.

Enrique February 19, 2010, 02:38 quote
0

In fact, it was amazing the contradiction between the liberal principles of the Boris Yeltsin Team and the result: instead of a Common Market and a Customs Union they raised borders, they created new currencies and tariffs under Nationalist principles, they established lots of barriers between instead of guaranteen a common space, with common rules, free circulation of goods, services and people. It was completely ridiculous what has happened in Russia: a common space which divides itself and just a couple of decades later unites again. Nationalism based on promoting ethnic, social and economic difference was used to divide the people breaking the Common Market when it had to do all the opposite: enlarge the common market under caapitalist and liberal principles. Free trade; free circulation of people....and a common currency. So instead of a Russia of 142 million people, the Customs Union would have 460 million people, similar to the E.U. and NAFTA. For Ukrainian, Greek, Romanian, Bulgarian or Mongolian Corporations it would be much easier selling their products inside that Market than to the E.U. where many of those corporations have to close and the unemployees have to live from public umproductive subventions from the E.U.....The problem is that now all those countries have established strong economic and military links to the U.S., the E.U. and China which are very difficult, if not impossible, to break. So Russia, instead of leading a common trade block similar in population to NAFTA or the E.U. and similar in GDP to China, becomes a second rate player, a mere supplier of goods for both the E.U. and China...

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