Saturday 6 October 2012

Russian President Proposed for Latest Eurasian Union Bloc


Last year, Vladimir Putin, Ex-Prime Minister and President of Russia have written one of the famous articles in the famous newspaper. The article of Putin is referred as ‘Latest Integration Project dedicated to Eurasian Union Bloc’. With the help of this pre-electoral piece, Russian president had proposed for creation of latest as well as vast Eurasian Union Bloc. According to the opinions of Mr. Putin, “The creation of new economical bloc would facilitate member states in becoming leaders of international growth as well as civilized progress. In addition, the bloc will facilitate member states towards attainment of success as well as prosperity.”

The latest regional integration entity in post-Soviet should not be merely based on experience of CIS i.e. Commonwealth of Independent States, but also on two other successors named EurAsEc i.e. Eurasian Economic Community as well as Custom Union among Belarus, Kazakhstan and Russia, which have been formalized after 10 years. One of the interesting features associated with formation of Eurasian Union is that the idea was actually proposed by Nursultan Nazarbayev, who was recognized as president of Kazakhstan. At that time, leader of Kazakh had strongly defended 5 major Soviet states in to the permanent framework of Soviet Union. These states include Russia, Kyrgyzstan, Belarus, Tajikistan and Kazakhstan. In addition, future expansion of Eurasian Union would definitely encompass Armenia, Azerbaijan, Ukraine and various other territories.