Tuesday, May 12, 2015

Opinion: Foundation and Collapse of the Eurasian Economic Union (EEU)

12:13, May 12, 2015

Ashot Yeghiazaryan,Doctor in Economics

From the viewpoint of political realism, the Eurasian Economic Union is a project by which Russia tries to raise its power and influence in the post-Soviet area. But it’s already a dead project, yet not born, which proves that all Moscow’s efforts towards reintegration of the post-Soviet area are doomed to fail.

Factual Failure of the EEU at Astana Summit

There is no doubt, that foundation of more or less serious integration unite in the post-Soviet space is only effective if the Ukraine, along with Russia, takes part in it. But the Ukraine has chosen the way of integration with the EU: Moldova and Georgia also signed an Association Agreement with the EU. As a result, even the free trade regime has been put under doubt in the CIS area.

Armenian News

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