Russia forms trade bloc with ex-Soviet states

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Russia forms trade bloc with ex-Soviet states

Financial Markets News 0
LONDON (MarketWatch) — Russia, Belarus and Kazakhstan have agreed to set up an economic union, in a deal signed Thursday by Russian President Vladimir Putin and his counterparts, media reports said. The Eurasian Economic Union reunites the former Soviet countries in a project to develop a shared market and to harmonize economic policy, beginning January 1, 2015. Ukraine was in talks to join the union before the ouster of former president Viktor Yanukovych by opposition groups focused on an E…

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