“Iran is interested in the introduction of a free trade regime with the EEU and considers that the establishment of closer ties with the union may become the basis for the development of economic cooperation of Iran with the association’s member countries,” Sanaei told the Gaidar Forum in Moscow.
ALPBACH (Austria), (Sputnik) – The Russia-led EEU, comprising Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, is an international organization which aims at streamlining free flow of goods and services between its member countries. Continue reading
BUENOS AIRES, November 26. /TASS/. The Eurasian Economic Union, which is due to go into effect in 2015, and the Southern Common Market (Mercosur) have almost agreed on a memorandum of understanding, a minister for trade of the Eurasian Economic Commission told TASS in an interview on Wednesday.
“We have in fact completed the work on the memorandum of cooperation in the economic sphere between the two integration associations,” said Andrey Slepnev, who leads talks with Argentina, the current chair of the Mercosur trade group. Continue reading
Is Moscow’s proposed Eurasian Union an initiative to revitalize stagnant economies, or an attempt to re-establish a Soviet Union “lite?”
After the fall of the Soviet Union in 1991, the world suddenly had 15 more nation states, some of whom had not been sovereign territories since the 19th century.
Nevertheless, calls for a re-integration of the Eurasian region were soon heard, often led by Russia, according to (pdf) a Chatham House paper.
In 2005, Russian President Vladimir Putin called the fall of the USSR “a major geopolitical disaster of the century.”
There’s been a smattering of different attempts at unification, including the Commonwealth of Independent States security union, but a lack of commitment to creating the institutions have stalled efforts, Chatham House writes.