This article appeared originally on the website of our editorial partner Business New Europe. By Sergei Kuznetsov Western sanctions against Russia are a headache for Moscow’s closest ally Belarus. In particular, the financing of the Belarusian economy is under threat, while investment and exports are deeply tied to its giant …
Ukraine, Russia & CIS
Column: 10 headline figures – EU-Russia economics and trade this summer
By Iana Dreyer This has been a sad summer for Europe. The fact that holiday pleasures for those who enjoyed some were dampened by bad weather turns out to be a minor inconvenience in a season overshadowed by the crisis in Ukraine, the political unravellings in the Middle East, and bad news for the economy in Eurozone’s core economies, including …
A $ 50 bn award concludes long-standing Energy Charter Yukos case
[sh_light_text ]A Hague tribunal US$ 50 bn award concludes one of the world’s most high-profile expropriation cases, that of Yukos, the former biggest Russian oil company previously owned by Michail Khodorkovsky, reports Iana Dreyer.[/sh_light_text]
Comment: Not going ballistic – Why Russia won’t start a trade war with Ukraine this time round
[sh_light_text ]High-level officials from the European Union (EU), Ukraine and Russia are holding a ‘trilateral’ meeting in Brussels today. They plan to address Russia’s commercial concerns about the impact the free trade deal (DCFTA) Brussels and Kiev signed in late June might have on its trade with Ukraine. Ukraine and …
Blog: Reading for the week-end – Ukraine-Russia trade issues
Next week, Brussels, Kiev and Moscow are expected to discuss their tripartite trade relationship after the EU and Ukraine finally signed off their Association Agreement one week ago. Over the last week, our partner BNE published a series of articles related to the whole Ukraine issue that are really worth reading.
EU ban on Crimean goods ahead of free trade accord won’t crimp Ukrainian exports
[sh_light_text ]The European Union’s (EU) Council decision on Monday to exclude the annexed peninsula Crimea from trade benefits granted to Ukraine probably won’t significantly affect the country’s exports to Europe. The greater threat stems from instability in eastern Ukraine, which is part of the country’s industrial heartland. Brussels and Kiev are expected …
Analysis: Doubts, ambivalence and slack – Ukraine’s free trade deal with Brussels
[sh_light_text ]Kiev and Brussels are adamant both parties will soon sign their long-planned Association Agreement. Yet President-elect Petro Poroshenko sowed confusion early last week when he asked for some extra time before putting down his signature. Kiev’s ensuing reassurances hardly mask the fact that questions linger regarding the real benefits …
Blog: Ukraine – EU, waiting for the free trade deal sign-off
This week was marked by contradictory headlines from Ukraine. The newly elected president, Europe-friendly Petro Poroshenko, asked for a delay before signing the long-planned Association Agreement with the EU, which involves a “deep and comprehensive ” free trade deal (DCFTA), and towards which negotiations were finalised in 2012. Other statements from Ukraine followed saying Kyiv was ready …
Eurasian Economic Union (EEU) planned as political bloc according to Kazakh official
[sh_light_text ]This Friday, Russia – the European Union (EU)’s third largest trading partner – is due to sign a treaty that creates an Eurasian Economic Union (EEU) with Kazakhstan and Belarus. The treaty will come into effect on January 1, 2015 and builds on the customs union between the three countries, in force since 2010. Now-ousted Ukrainian President Yanukovich’s refusal …
Analysis: Antidumping duties on EU vehicles: competitive pressures in the Russian car market
The EU requested a WTO dispute settlement consultation on Russia’s antidumping duties. The move was announced yesterday. The case reveals several interesting facts about Russia’s economy and car sector. The rising number of dispute settlement cases at the WTO initiated by both the EU and Russia is often perceived as geopolitical. Indeed, the case coincides …
