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| Eurasian Emblem |
Russia, Belarus and Kazakhstan have agreed to
set up an economic union, in a deal signed Thursday by Russian President
Vladimir Putin and his counterparts, media reports said. The Eurasian
Economic Union reunites the former Soviet countries in a project to
develop a shared market and to harmonize economic policy, beginning
January 1, 2015. Ukraine was in talks to join the union before the
ouster of former president Viktor Yanukovych by opposition groups
focused on an EU alliance. While the newly elected Ukraine government is
seen as likely to pursue an EU pact, Belarus President Alexander
Lukashenko appeared confident it will sign up. "I am sure one day the
leaders of Ukraine will understand where the country's happiness is," he
said at the signing ceremony in Kazakhstan's capital Astana, the Wall Street Journal
reported. Of the remaining former Soviet republics, Armenia and Kyrgyzstan are expected to join the Eurasian Economic Union.
The EURO zone has never really acted or appeared to be a power block that matches the collapsed USSR. In fact it is more or less of USA puppet .
The EURO zone has never been a rival to the so called Super power.
China has put on an economic rivalry. It is not enough, we would do with another economic power horse for the markets of our products especially here in Africa.
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