Wednesday 21 August 2013

Kremlin Aide Threatens End of Free Trade With Ukraine | Business | The Moscow Times

Kremlin Aide Threatens End of Free Trade With Ukraine | Business | The Moscow Times:

"Russia could annul a free trade regime with Ukraine and scrap joint projects in a number of industries if Kiev signs an association agreement with the European Union, Kremlin advisor Sergei Glazyev was quoted as saying Wednesday.

By signing the agreement — which is slated for November — Ukraine will forfeit its ability to independently regulate its international trade and customs issues with other countries, handing them over to Brussels, Glazyev told Ukrainian daily Vesti.

"The legal base for direct dialogue between Kiev and Moscow will thus disappear. We will have to discuss all trade related issues with Brussels, not Kiev," said Glazyev, who advises President Vladimir Putin on developing Russia's Customs Union with Belarus and Kazakhstan."

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