Tag Archives: EURASIAN ECONOMIC UNION

Putin Launches Eurasian Economic Union

A58 Fisherfolk in Hoi An

In June 2014 Russian president Vladimir Putin signed a treaty with Belarus president Alexander Lukashenko and Kazakhstan president Nurultan Nazarbayev to launch the Eurasian Economic Union. The move came on the heels of a $400 billion natural gas deal he signed with China and announcements that Russia will use rubles instead of dollars to conduct most international trade.  Western aggression in Ukraine was the last straw for the Russians, who saw this movie before in their own country.

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