Tuesday 27 August 2013

Swinging Ukraine: Russia rejects customs union with EU-looking neighbor — RT Business

Swinging Ukraine: Russia rejects customs union with EU-looking neighbor — RT Business:

"Russia says it won’t let Ukraine into its Customs Union, if it seals a trade agreement with the EU. This is likely to end long negotiations with Ukraine over its membership of the Russian-led club, as Kiev is expected to team up with the EU in November.

Further talks on a compromise for Ukraine’s participation in both  - a trade alliance with the EU and the customs union of Russia, Kazakhstan and Belarus - are senseless, Russian First Deputy Prime Minister Igor Shuvalov said after the Russian-Ukrainian talks.

"We were holding negotiations on the basis that they sign this agreement [with the EU -" Kommersant"].  Parallel to that they say what they want to join the Customs Union. They can speak about it, but can they do it? We realized that we did not see a compromise after we analyzed absolutely everything”, business daily Kommersant quotes Shuvalov. "

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