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Eurasian Economic Union News & Discussions

Discussion in 'Europe & Russia' started by layman, Dec 24, 2013.

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  1. layman

    layman Aurignacian STAR MEMBER

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    MOSCOW: Russian President Vladimir Putin said on Tuesday the final pieces were in place for the 2015 launch of an economic union with Belarus and Kazakhstan that Moscow hopes can also be joined by Ukraine.

    Putin promised following talks with Kazakh President Nursultan Nazarbayev and Belarussian leader Alexander Lukashenko that the so-called Eurasian Economic Union would turn into a new source of growth for all involved.

    The alliance would replace a much looser Eurasian Customs Union that Russia formed with the two ex-Soviet nations in an effort to build up a free trade rival to the 28-nation EU bloc.

    "Government representatives of the troika (Russia, Kazakhstan and Belarus) ... have developed the draft of the institutional part of the Eurasian Economic Union agreement," Putin said in televised remarks.

    "This document determines the international legal status, organisational frameworks, the objectives and mechanisms of how the union will operate starting on January 1, 2015," Putin said.

    Putin has made the creation of a post-Soviet economic union that could one day even be joined by nations such as Turkey and India the keystone project of his third Kremlin term.

    Russia has put immense pressure on Ukraine to join the alliance and threatened economic sanctions against Kiev when it was on the verge of signing a landmark trade and political association deal with Brussels last month.

    Kiev's decision to spurn the EU pact sparked the biggest protests since the 2004 pro-democracy Orange Revolution and exposed the deep cultural rifts running between the nationalist west of Ukraine and its more Russified eastern parts.

    But the size of those rallies began to ebb when Ukraine agreed a $15-billion bailout package with Russia that also included a one-third cut in the price Moscow charges its neighbour for natural gas.

    Ukrainian Prime Minister Mykola Azarov said during talks in Moscow with his counterpart Dmitry Medvedev that Kiev had just received the first $3.0-billion tranche of the Russian rescue plan.

    "This is a stabilising factor for us," the Ukrainian government website quoted Azarov as saying before he joined Putin at the Eurasian meeting.

    "Thanks to the reached agreements, our ratings went up. We came out of the zone that we were in," Azarov said.

    Ukraine's Foreign Minister Leonid Kozhara added that Kiev and Moscow intended to continue to "coordinate (their) foreign policies."

    "I am especially asking my Russian colleague Sergei Lavrov to support Ukraine's efforts to become a non-permanent member of the UN security council," ITAR-TASS quoted Ukraine's top diplomat as saying.

    Russia's rescue — announced following talks in Moscow between Putin and Ukrainian President Viktor Yanukovych — involves the purchase of new eurobonds Kiev began to issue on the Irish stock exchange.

    The package helped to tamp down the soaring yield on Ukrainian government obligations and made it easier for Kiev to issue new debt to cover its yawning fiscal black hole.

    The three nations on Tuesday also agreed on a "road map" paving the way for the membership in their union of Armenia — a tiny ex-Soviet Caucasus nation that had also been expected to sign an initial agreement with Brussels last month.

    Putin rewarded Armenia's reversal by slashing the price of its natural gas imports from Russia to $189 from $270 per 1,000 cubic metres.

    Russia's First deputy prime minister Igor Shuvalov said it should take "about half a year" for Armenia to formally join the existing Moscow-led customs pact.

    Putin added that the impoverished Central Asian state of Kyrgyzstan was also conducting initial membership talks.

    Kyrgyzstan's participation has been held up by Russia's worries over its inability to plug its porous border with China.

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  2. brahmos_ii

    brahmos_ii Major SENIOR MEMBER

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    re: Eurasian Economic Union News & Discussions

    [MENTION=8719]layman[/MENTION], please change the subject to "Eurasian Economic Union News & Discussions"
     
  3. layman

    layman Aurignacian STAR MEMBER

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  4. brahmos_ii

    brahmos_ii Major SENIOR MEMBER

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  5. layman

    layman Aurignacian STAR MEMBER

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  6. brahmos_ii

    brahmos_ii Major SENIOR MEMBER

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    Eurasian Supreme Economic Council is expected to have a session at the level of the heads of state in Moscow on Tuesday. The list of attending Presidents includes Vladimir Putin of Russia, Nursultan Nazarbayev of Kazakhstan, Alexander Lukashenko of Belarus, Serzh Sargsyan of Armenia, and Almazbek Atambayev of Kyrgyzstan, as the latter two countries filed applications for joining the Customs Union and the Eurasian Economic Community (Eurasec).

    Ukrainian Prime Minister Nikolai Azarov is also due to come to Moscow.

    The leaders of Russia, Kazakhstan and Belarus will consider the roadmaps for Armenia and Kyrgyzstan’s joining the Customs Union and the Eurasian Economic Area. At the moment, the Customs Union encompasses Belarus, Kazakhstan, and Russia.

    Putin’s aide Yuri Ushakov said Monday he did not rule out that a Program of Action regarding Armenia might be endorsed at the session. "Experts are working very intensely now on preparing the examination of Armenia’s application -- maybe even at a faster pace than they worked on the Kyrgyzstani application," he said

    Ushakov indicated that the degree of readiness of the Kyrgyzstani Program of Action was smaller than that of the Armenian program. "A number of questions on Kyrgyzstan still exist," he said.

    The heads of state will examine a draft treaty on the setting up of a Eurasian Economic Union, which is due to launch operations as of January 1, 2015. The institutional part of the document reflecting the international legal status, objectives and mechanisms of the union may be adopted at the session.

    As for the functional part of the treaty, it will contain specific commitments of the founding states as regards the freedom of commodity, service, finance, and labor resources flows.

    The treaty on the Eurasian Economic Union will be signed in May 2014 at the latest, after which it will be submitted to the national parliaments of the founding states for ratification.

    The participating Presidents will seek to take decisions on a wide range of crucial issues, including some in the sphere of antitrust policy and protection of diligent competition. For this purpose, the Customs Union countries will relegate the powers to control trans-border markets to the Eurasian Economic Commission led by Viktor Khristenko.

    A special college of judges will be set up at the Eurasec court to consider the cases of encroachments on unified trading rules.

    In addition to this, the Presidents hope to endorse a list of sensitive commodities, the import fees for which will be established by the Eurasec Council, and to discuss a Eurasec draft budget for 2014.

    Yuri Ushakov said the heads of state were planning to sign ten documents all in all and to appear in a joint news conference after the signing.

    The summit will end with an informal New Year dinner.

    The session in Moscow will be held on the background of a knotty economic and political situation. Last week, Russia took resolute steps to rescue Kiev from bankruptcy, as Vladimir Putin and Ukrainian President Viktor Yanukovich signed a package of documents, one of them on cutting down the price of natural gas that Ukraine imports from Russia.

    Also, a decision was taken to invest $ 15 billion from Russia’s National Well-Being Fund in the Ukrainian securities.

    Prime Minister Nikolai Azarov is due to come to Moscow from Kiev later in the day and join an expanded session of the Council.

    Putin to take part in session of Supreme Eurasian Economic Council - News - World - The Voice of Russia: News, Breaking news, Politics, Economics, Business, Russia, International current events, Expert opinion, podcasts, Video
     
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  7. brahmos_ii

    brahmos_ii Major SENIOR MEMBER

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    Russia, Kazakhstan and Belarus have coordinated the basic principles of the future Eurasian Economic Union (EEU), Russian President Vladimir Putin said, opening a top-level meeting of the Supreme Eurasian Economic Council in Moscow on Tuesday. He hailed the progress made since the last meeting in Minsk two month ago.

    "The institutional part of the Treaty on the Eurasian Economic Union has been drafted," Putin said.


    He explained that the document specifies the legal status, organizational framework, aims and functional mechanisms of the EEU, which is due to become operational as of January 1, 2015.

    "We have fixed the basic principles of the Eurasian integration project," Putin said.

    The key principle is that EEU activities should fully meet the national interests of all its members, he added.

    "We are creating the Eurasian Union in order to strengthen our economies and ensure their harmonious development and a closer rapprochement," the Russian leader said.

    The future alliance, Putin said, will make goods produced by its member states more competitive and consequently benefit their wellbeing.

    "Now that preparations for the first part of the project are nearly over, it is necessary to focus our efforts on filling its functional and economic parts with substantive content," he said, adding that work in that direction was already under way.
    Read more: Russia, Kazakhstan and Belarus fix basic principles of Eurasian Economic Union ? Putin - News - Politics - The Voice of Russia: News, Breaking news, Politics, Economics, Business, Russia, International current events, Expert opinion, podcasts, Video
     
  8. brahmos_ii

    brahmos_ii Major SENIOR MEMBER

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    Draft agreement on the establishment of the Eurasian Economic Union should be ready by May 1st 2014, said Russian President Vladimir Putin at a meeting of the Supreme Eurasian Economic Council in Moscow on Tuesday.

    "Now that preparations for the first part of the project are nearly over, it is necessary to focus our efforts on filling its functional and economic parts with substantive content," said Putin at the meeting.

    After the document is ready, it will be sent for ratification by the parliaments of the participating countries of the Eurasian Economic Union. The President said that if all goes well, then the Union will start working from 1st January 2015.

    He reminded that participants of the Customs Union have agreed on the first part of the draft treaty, and the so called functional part of the document should be agreed upon by the union very soon.

    Putin stressed that there is a need to eliminate all issues that restrict free trade among the countries and that can be achieved by providing complete freedom for general trade and investments, and better conditions for services and labor.

    The Russian President also considers it necessary to improve exchange of information on foreign and mutual trade by creating a special integrated information system.

    He also said that the Eurasian Economic Union will have full authorization to monitor compliance of common rules of competition which will be the solution to keep competitons . To deal with cases relating to possible violations of these rules, a special judiciary body within the Commission is being created.

    The Eurasian Economic Union will be the next stage of integration of Russia, Kazakhstan and Belarus, in terms of trade, after the three countries entered the Customs Union recently.
    Read more: Draft treaty of Eurasian Economic Union should be ready by May 1st next year - Putin - News - Politics - Russian Radio
     
  9. brahmos_ii

    brahmos_ii Major SENIOR MEMBER

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    Creation of the Eurasian Economic Union will make goods produced by its member states more competitive and consequently benefit their wellbeing, said Russian President Vladimir Putin at the top level meeting of the Supreme Eurasian Economic Council in Moscow on Tuesday.

    After the meeting, President Putin said to journalists that the institutional part of the Treaty on Eurasian Economic Union has been drafted, and now there will be focus on the functional and economic part of the document. He said that the draft should be ready and signed by May 2014, after which it will be submitted for ratification by the parliaments of member countries.

    According to the Russian President, the members of the Customs Union believe that European and Eurasian integration will effectively complement each other. He further emphasized that the "three" countries forming the Eurasian Economic Union are not pushing away other markets, but on the contrary, will work together for the development of wider cooperation with individual states and unions, including the European Union. He expressed hope that the theme of the Eurasian Economic Union will be discussed during the upcoming EU - Russia summit.
    Read more: Creation of the Eurasian Economic Union will improve wellbeing of its citizens- Russian President - News - Politics - Russian Radio
     
  10. brahmos_ii

    brahmos_ii Major SENIOR MEMBER

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    Putin promised following talks with Kazakh President Nursultan Nazarbayev and Belarussian leader Alexander Lukashenko that the so-called Eurasian Economic Union would turn into a new source of growth for all involved.

    The alliance would replace a much looser Eurasian Customs Union that Russia formed with the two ex-Soviet nations in an effort to build up a free trade rival to the 28-nation EU bloc.

    "Government representatives of the troika (Russia, Kazakhstan and Belarus) ... have developed the draft of the institutional part of the Eurasian Economic Union agreement," Putin said in televised remarks.


    "This document determines the international legal status, organisational frameworks, the objectives and mechanisms of how the union will operate starting on January 1, 2015," Putin said.

    Ukraine
    Putin has made the creation of a post-Soviet economic union that could one day be joined by nations such as Turkey and India a key project of his third Kremlin term.

    After Ukraine pulled back from signing a landmark trade and political association deal with Brussels last month, sparking the biggest protests since the 2004 Orange Revolution, Russia and the EU traded blame over bringing pressure to bear on the country.

    The size of the rallies began to ebb when Ukraine agreed a $15-billion bailout package with Russia that also included a one-third cut in the price Moscow charges its neighbour for natural gas.

    At his annual press conference last week, President Putin said: "We can see that Ukraine is experiencing serious economic, social and political problems. There are a number of reasons why this situation has arisen, but this is how the situation stands objectively. And if we really say that it is a fraternal nation and a fraternal country, then we should act the way close family members do and support the Ukrainian people in this difficult situation.

    First tranche of aid comes through
    Ukrainian Prime Minister Mykola Azarov said on Tuesday during talks in Moscow with his counterpart Dmitry Medvedev that Kiev had just received the first $3.0-billion tranche of the Russian rescue plan.

    "This is a stabilising factor for us," the Ukrainian government website quoted Azarov as saying before he joined Putin at the Eurasian meeting.

    "Thanks to the reached agreements, our ratings went up. We came out of the zone that we were in," Azarov said.

    Ukraine's Foreign Minister Leonid Kozhara added that Kiev and Moscow intended to continue to "coordinate (their) foreign policies."

    "I am especially asking my Russian colleague Sergei Lavrov to support Ukraine's efforts to become a non-permanent member of the UN Security Council," ITAR-TASS quoted Ukraine's top diplomat as saying.

    Russia's rescue -- announced following talks in Moscow between Putin and Ukrainian President Viktor Yanukovych -- involves the purchase of new eurobonds Kiev began to issue on the Irish stock exchange.

    The package helped to tamp down the soaring yield on Ukrainian government obligations and made it easier for Kiev to issue new debt to cover its yawning fiscal black hole.

    New union prepares to welcome Armenia
    The three nations on Tuesday also agreed on a 'road map' paving the way for the membership in their union of Armenia -- a tiny ex-Soviet Caucasus nation that had also been expected to sign an initial agreement with Brussels last month.

    Russia slashed the price of its natural gas imports from Russia to $189 from $270 per 1,000 cubic metres.

    Russia's First Deputy Prime Minister Igor Shuvalov said it should take "about half a year" for Armenia to formally join the existing Moscow-led customs pact.

    Putin added that the impoverished Central Asian state of Kyrgyzstan was also conducting initial membership talks.

    Kyrgyzstan's participation has been held up by Russia's worries over its inability to plug its porous border with China.
    Read more: Eurasian Economic Union on course for 2015 launch - Putin - News - News - Voice of Russia UK, Voice of Russia - UK Edition
     
  11. brahmos_ii

    brahmos_ii Major SENIOR MEMBER

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    kraine is looking forward to cooperate with the Customs Union primarily through the CIS free trade zone, said Ukrainian Prime Minister Mykola Azarov on Tuesday in Moscow.

    According to Azarov, the agreement on free trade zone was ratified and signed by Ukraine, and it should be implemented in full. He further added that the prime target during the meeting of the Supreme Eurasian Economic Council in Moscow on Tuesday was to remove all barriers that restrict free trade among member countries.

    Earlier on Tuesday, Ukrainian Foreign Minister Leonid Kozhara announced that Kiev will hold bilateral talks with Moscow on key foreign policies in the coming times. He also said that he has asked his Russian counterpart Sergei Lavrov to support Ukraine at the UN to help the country’s accession to the UN Security Council as a non-permanent member.

    Kozhara said that Ukraine will resume talks with the EU which has been interrupted after two rounds of talks in Brussels due to the winter vacations. However, according to the Ukrainian Foreign Minister, if his country would have signed the agreement for association with the EU during the recent summit in Vilnius, it would have been a big "failure" for Ukraine. Postponement has allowed Ukraine to sign a lucrative agreement with Russia, and now the country can resume talks with the EU for unification, said Kozhara.
    Read more: Ukraine is ready to cooperate with the Customs Union primarily through the CIS free trade zone - Azarov - News - Politics - Russian Radio
     
  12. brahmos_ii

    brahmos_ii Major SENIOR MEMBER

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    Ten documents were signed during the top level meeting of the Supreme Eurasian Economic Council in Moscow on Tuesday.

    In the meeting that was attended by the presidents of Russia, Kazakhstan and Belarus, a document assessing the progress of the draft treaty on the Eurasian Economic Union was signed along with a document that estimates the budget for the Eurasian Economic Commission for the year 2014.

    A document for planned accession of Armenia to the Customs Union, formed by Russia, Kazakhstan and Belarus, was also signed during the meeting.

    Participants in the meeting also decided to form a judiciary system within the Eurasian Economic Community to monitor and control unfair competition among its members. An agreement that entrusts the Eurasian Economic Commission full authority to monitor compliance of common trade rules by all countries without violating norms of fair competition was also signed during the meeting.

    Participants of the meeting approved a document that enforces common rules on all member states and has provisions to regulate monopolies.
    Read more: Ten documents signed during Supreme Eurasian Economic Council meeting in Moscow - News - Politics - Russian Radio
     
  13. layman

    layman Aurignacian STAR MEMBER

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    Russia suggests EU think about cooperation in European, Eurasian integration processes

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    The Customs Union is not a geopolitical rival of the European Union and it is necessary to think about cooperation between the European and Eurasian integration processes, Russia's envoy to the EU Vladimir Chizhov said. This is the essence of the Customs Union's proposal to the EU, Chizhov said when speaking on January 13 at the European Policy Center in Brussels.

    Russia immediately accepted the offer of Ukrainian President Viktor Yanukovych to hold trilateral talks between Ukraine, Russia and the EU regarding the possible consequences of Kyiv's European integration, while Brussels rejected it at once, Chizhov said.

    The opinion that the latest events taking place in Ukraine seriously deteriorated relations between Russia and the EU has rooted itself in the EU, the envoy said.

    First, no stagnation exists in the relations between Russia and the EU, second, these relations are in no way limited by Ukraine and third, Ukraine is a sovereign country, which makes its own choices and decisions, Chizhov said.

    The Customs Union of Russia, Belarus, Kazakhstan and its current candidates - Armenia, Kyrgyzstan and Tajikistan - is not a geopolitical rival of the EU and not a revival of the Soviet Union, Chizhov said.

    It is rather a part in the development of the natural integration process, a mutually beneficial restoration of historic economic ties within the region, he said.

    The results of the Eastern Partnership in Vilnius have showed once again the necessity of establishing stable political and economic bridges in the region, Chizhov said.

    Instead of imposing a fallacious geopolitical choice between the European and Eurasian integration paths on the countries of the region, it is necessary to search for ways to harmonize the European and Eurasian integration processes, Chizhov said.

    This long-term task is absolutely in line with the road map for the Common Space of the EU and Russia in foreign security passed in 2005, he said.

    The majority of pro-EU protestors in Kyiv did not have any idea of the contents of the EU-Ukraine Association Agreement and thought that it would immediately provide them with freedom of movement and the ability to work in the EU or that it would bring Ukraine great financial aid, Chizhov said.

    The automobile industry is an example of the huge difficulties awaiting Ukraine if the country switches to European standards and regulations, the envoy said.

    Sensitive sectors, for instance the defense sector, will have even more difficulties, he said.

    In the relatively near future, a strategic partnership will emerge between the EU as it presently exists and what will be the result of the Eurasian integration process, Chizhov said.

    These processes will form two of the three pillars of the Euro-Atlantic civilization - Europe, Russian and North America, he said.

    The envoy said he would like them to develop in unison and in close cooperation.

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  14. layman

    layman Aurignacian STAR MEMBER

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    EU, Russia progressing toward visa-free travel - European Commission

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    Russia and the European Union must complete their work on the joint steps on the path towards visa-free travel before switching to a visa-free dialogue, the European Commission said.

    We have discussed visa-free dialogue issues and reached certain points allowing us to enhance cooperation in this area. We are grateful for the progress in this process but to ensure visa-free travel we must complete the work over the joint steps, European Commissioner Cecilia Malstrom said at a briefing after the 17th session of the Permanent Council for Partnership on Freedom, Security and Justice. So far issues remain that we will continue to discuss as usual, she said.

    Russia-EU visa relaxation agreement not to be ready by end of January - minister

    The updated agreement on further relaxation of the visa regulations is highly unlikely to be signed by the end of January when Russia and the European Union hold a summit, but hopefully it will be later in 2014, Russian Justice Minister Alexander Konovalov said.

    "Regrettably, this agreement is unlikely to be ready by the end of January, although it was largely ready last year," the minister said. Hopefully, the agreement will be signed "at least during this year," he said.

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