Posted on 09/13/2014 1:56:50 PM PDT by Olog-hai
Ukraine and the EU are to delay the entry into life of a strategic free trade treaty for more than one year due to Russian concerns.
The trade pact was originally to enter into force on 1 November, but following meetings between European Commission trade chief Karel De Gucht, Ukraine’s foreign minister, and Russia’s economy minister in Brussels on Friday (12 September) it will now be implemented on 31 December 2015.
Defending the deal, De Gucht told press it means Russia will not impose trade restrictions on Ukraine in the next 15 months. …
(Excerpt) Read more at euobserver.com ...
The EU - standing strong!
/s
By then Russia will own half to all of the Ukraine anyway.
DoughtyOne, I replied in another thread linked above. If you see my post then it seems Europe is actually giving things to Ukraine while also giving Putin a way to back off without losing his face among Russians.
Europe is now giving Ukraine privileged access to their market while not demanding Ukraine to give Europe the access to Ukrainian market.
To me this seems EU supporting Ukraine while giving Putin an honorable way out.
When it comes to economy then USA and Europe with the allies like Japan, Canada and Australia are insanely powerful compared to Russia. Sadly we are using our power rather sparingly.
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