. . COUNTRIES: RUSSIA, UKRAINE: Russia and 2 Neighbors Form Economic Union That Has a Ukraine-Size Hole . . Russia and 2 Neighbors Form Economic Union That Has a Ukraine-Size Hole By NEIL Mac FARQUHAR MAY 29, 2014 New York Times http://www.nytimes.com/2014/05/30/world/europe/putin-signs- economic-alliance-with-presidents-of-kazakhstan-and-belarus.html . A shorter URL for the above link: . http://tinyurl.com/n3fgogh .ASTANA, Kazakhstan The presidents of Russia, Kazakhstan and Belarus formally signed an agreement on Thursday to create a limited economic union an alliance hobbled by the absence of Ukraine but one long pursued by President Vladimir V. Putin of Russia to confirm his country as a global economic force.
Today we are creating a powerful, attractive center of economic development, a big regional market that unites more than 170 million people, Mr. Putin said during the ceremonies. He underscored the significant energy resources, work force and cultural heritage of the combined nations.
.Sitting at a table with his two fellow leaders in front of their respective flags, Mr. Putin said that the group, formally known as the Eurasian Economic Union, had the potential to create a global transportation hub joining the trade flows of Europe and Asia.
.While that may eventually prove to be the case, the alliance that comes into force on Jan. 1 will be a pale imitation of what the members first envisioned: an eastern version of the 28-member European Union.
.Three weak economies getting together and integrating: How much good can come out of it? said Nargis Kassenova, the director of the Central Asian Studies Center at Kimep University in Almaty, who is part of a small but vocal opposition to the union in Kazakhstan. Now, it is even worse because one is under sanctions and drifting away from the West, Ms. Kassenova added, referring to Western economic sanctions against Russia.
.Although the presidents of Armenia and Kyrgyzstan attended the signing ceremony and expressed an interest in joining, the missing guest at the party was Ukraine. That countrys previous government in Kiev tacked back and forth on whether it would join the European Union or the new Eurasian group, eventually choosing Mr. Putins offer and igniting a public uprising that ended up bringing down the president in February.
.We lost someone along the way, I mean Ukraine, said Aleksandr Lukashenko, the president of Belarus. Mr. Lukashenko, who received a $2 billion loan and energy concessions from Russia just before the signing, acknowledged that the union as constituted was something less than he had anticipated. Unfortunately, it is not the agreement that our partners originally announced, he said, according to Belta, the official Belarus news agency.
.He also called for economic union to be followed by political and military unity, a concept that Kazakhstan rejected.
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