While EU and NATO are desperately clawing at elusive Ukraine, elsewhere in the world, the Eurasion Economic Union has officially come into being. Kazakhstan, Belarus, Russia sings an agreement in Astan:
English:
http://rt.com/business/162200-russia-bealrus-kazakhstan-union/Russian:
http://lenta.ru/news/2014/05/29/evraz/It is expected that Armenia will join the Union soon.
The agreement comes into power from the 1st of January 2015.
"The just-signed treaty is of epoch-making, historic importance," Russian President Vladimir Putin said.
The troika of countries will cooperate in energy, industry, agriculture, and transport.
"In fact, we are shaping the largest common market in the CIS, with huge production, scientific and technological potential and enormous natural resources," the President added.
...
Belarus and Kazakhstan are in third place in foreign trade with the Russian Federation, after the EU and China, Putin said.
...
"The geographical position permits us to create transport, logistic routes of not only regional, but also global importance that permits attracting massive trade flows in Europe and Asia," Putin said ahead of the signing ceremony in Astana, Kazakhstan on Thursday.