Tuesday, April 22, 2014

Eurasian Economic Union and trade zone scheduled to begin in May

The concept behind the European Union was to solidify the economic power of European nations under one umbrella in the wake of World War II, and the ever changing sphere of global super powers.  Starting in the late 1950′s between companies in France and Germany, this union has morphed into a go-political monstrosity run by un-elected technocrats, and using a common currency that has stifled trade throughout the region.
It is this umbrella of control that Eastern block economies have come to determine is a detriment to free trade, and a stifling of their growth.  So with this in mind, the idea of a Eurasian Economic Union, where nations can freely come together in trade partnerships, is not only being imagined by nations like China, Russia, and India, but according to the foreign minister of Kazakhstan, it will become a reality as early as next month.


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