Announcement

Collapse
No announcement yet.

CIS Countries Should Create Single Economic Space - Russian Presiden

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • CIS Countries Should Create Single Economic Space - Russian Presiden

    CIS COUNTRIES SHOULD CREATE SINGLE ECONOMIC SPACE - RUSSIAN PRESIDENTIAL ADVISOR

    RIA Novosti
    May 19, 2010
    YEKATERINBURG

    CIS states should create a single economic space like the European
    Union, a Russian presidential advisor on legal affairs said on
    Wednesday.

    "We are interested in the [CIS] countries being in some large
    economy," Veniamin Yakovlev said, adding that it is unnecessary to
    unite politically.

    "However, I think it is essential to unite behind having a large
    economy," he continued.

    The CIS, a loose association of post-Soviet countries, consists of
    Azerbaijan, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia,
    Tajikistan, Turkmenistan, Uzbekistan and Ukraine.

    "In the framework of the Soviet Union we had a large economy, one of
    the largest in the world," he said. "We do not have such an economic
    space now, we have divided it into national borders."

    He said a single economic space is essential as "no one will save
    us and help" the CIS countries. He also added that the CIS could use
    the experience of the EU.

    Yakovlev said that large economies had been able to withstand the
    global financial crisis better.

    Last week, Ukrainian Foreign Minister Kostyantyn Hryshchenko said
    Ukraine did not intend to join a customs union being established by
    Russia, Belarus and Kazakhstan, but supported the idea of free trade
    among former Soviet republics adding that Ukraine's accession to the
    proposed Customs Union would go against Ukraine's commitments as a
    member of the World Trade Organization (WTO).

    In January 2009, Russia, Belarus and Kazakhstan agreed to create a
    single economic space by January 1, 2012.

    In June 2009, the heads of governments of the countries notified
    the WTO of their intention to join the world trade club as a customs
    union. In October 2009, the three ex-Soviet republics announced they
    would hold talks on WTO accession separately, but on synchronized
    positions.

    The three ex-Soviet republics suspended their bilateral negotiations
    on WTO entry to hold consultations on a common position on the
    customs union.

    From: Emil Lazarian | Ararat NewsPress
Working...
X