First published 9 July 2012 at EurActiv.com (An edit was made to this text on 5 May 2015. The second line of the first paragraph was added).
Vladimir Chizhov. Photo credit: http://www.eesc.europa.eu
Negotiations between Russia, Kazakhstan and Belarus are advancing over the creation of a Eurasian Union, which would abolish customs duties and unify economic policies amongst participating countries. Many see the Union as a push for more regional influence.
In February a Eurasian Economic Commission (EEC) was established, with the fully ratified economic union expected to enter into force by 2015. The lengthy process of legal codification and harmonisation is under way.
The Russian Permanent Mission to the EU held an informal presentation Thursday (5 July) aimed at clarifying the details of the union and reassuring EU businesses, concerned that it could become a ‘Soviet empire through the backdoor’.
Representatives from the economic commission did not respond to questions…
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