Eurasec Summit Exposes Deep Economic Divisions Among Former Soviet Republics

On Oct. 6, 2007, the leaders of the Eurasian Economic Community (Eurasec) convened their 15th anniversary summit at Dushanbe, Tajikistan. Although Russian President Vladimir Putin described this session of the Eurasec Intergovernmental Council as one of the organization’s most successful, the most notable development at the meeting was Moscow’s decision to pursue deeper economic integration with only some of the organization’s members. Eurasec’s main function is to promote trade ties among countries that formed an integrated economic system during the Soviet period. Since the U.S.S.R.’s disintegration in 1991, these states have frequently diverged in their national macroeconomic policies and have […]

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