A Brief Primer on Vladimir Putin’s Eurasian Dream
Posted on Saturday, March 01, 2014 3:36:02 AM by nickcarraway
The Russian leader wants to create a trade bloc to rival China, the EU and the US – others think the idea is a load of old pants
The good news is that it has more than trebled trade flows between its three current members. The bad news is that it may lead to a severe shortage of lacy bras in Russia and its neighbours – and possibly to a new cold war.
That’s a rather flippant introduction to a weighty subject. Vladimir Putin’s dream of a Eurasian Union, a vast trade and political bloc stretching from China to the edge of the EU, began taking shape in 2010 with the ECU, a free-trade customs union binding Russia, Kazakhstan and Belarus.
A carelessly worded ECU regulation on the absorbency of non-natural materials has sparked colourful protests from wearers of lace underwear in the Khazakh city of Almaty. Experts warn that unless the law is changed by July 1, 90% of lingerie stocks in the union may have to be destroyed.
(Excerpt) Read more at theguardian.com …
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