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Common economic space may “absorb” Union State of Russia, Belarus

Published: 18 October, 2010, 17:55
Edited: 19 October, 2010, 18:13


As many analysts consider the results of the meeting between the prime ministers of Russia, Belarus and Kazakhstan as positive, the prospects of the Union State of Russia and Belarus still remain unclear.

 
3 COMMENTS
Enrique October 18, 2010, 18:58 quote
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The Soviet Union is over, so now the Common economic space can include other member states. While the Baltics are in the E.U., the Eurasian Economic Space can include a more open Iran in the future, Mongolia and perhaps Turkey, which already enjoys a Customs Union with the E.U. Georgia could be the link between Russia and Turkey...

Jonathan October 19, 2010, 05:38 quote
0

I am fascinated by these developments, if solely from an academic perspective. We have ASEAN, CarriCom, the EU and others aside. So what is this one going to be called? does it have a name yet? The emergence of these trans-national intergovernmental and supranational associations is very interesting to watch. There organic growth though series of treaties. It's entirely natural that the Eurasian one should closely resemble the former Soviet Union. You can't just disregard history and a common cultural heritage. There’s one thing I’m sure though, provided integration proceeds at a swift and steady pace as well as in a careful and considered way, Given Russia's economic might and the shear size of the combined areas involved it will be a regional power guaranteed a key role on world stage in the years to come.

Svetlana October 19, 2010, 16:36 quote
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" The peaceful reset of the meeting can be considered a signal of the Russian authorities that in the absence of Alexander Lukashenko, Russia and Belarus are able to come to agreement," political scientist Michail Vinogradov told papers. " All the agreements have been reached on the level of prime ministers". Political scientists chosen to elaborate on this website seem to become very complacent about certain standards of an average yet not so gullible readers beyond Russia. The article deliberately avoids the fact that Belarusian prime minister was asked by Lukashenko " to set a task to get some twenty basic agreements on single economic space by the end of 2010". Michail Vinogradov conveniently 'forgot' to mention that this task doesn't require the presence of Belarusian and Russian presidents and only requires finding solutions on the level of prime ministers. Although the Belarusian delegation was ready to compromise, to announce that all the agreements have been reached is premature and misleading. Unless Belarusian currency is due to be 'trade' for Russian roubles and the Belarusian consumers decided to drop their European inspired 'sophistication' in favour of the Russian car models. The overwhelming optimism of this project may be also shared by the predicted anticipation in figures: if up and running, by 2015 the Russian Federation will scoop $400 billions while Belarus and Kazakhstan will have $16 billions each. Shouldn't we question more the economic parity or wait for Astana to make headlines?

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