Andreas Umland: Raising the Stakes - Fending off Russian strangulation of Ukraine’s economy

posted 22 Nov 2013, 04:49 by Rights in Russia   [ updated 17 Dec 2013, 01:13 ]
22 November 2013 

by Andreas Umland

Source: IP Journal

Republished by kind permission of IP Journal 

In order to forestall a breakup of Europe’s largest country, the EU and US should make clear that a Russian trade war against Ukraine will soon lead to Western sanctions against Russian state-owned companies.

Largely unnoticed in Western mass media, there is currently a major economic and political confrontation growing in Eastern Europe that could shatter the post-Cold War European security architecture. The Kremlin has taken a surprisingly adversarial view of Ukraine’s intention to sign a far-reaching Association Agreement with the European Union. The conclusion of this historic treaty could happen sometime in 2014, or perhaps as soon as the Eastern Partnership summit in Vilnius later this month. Through provisional application, large parts of this uniquely comprehensive contract would go into force soon after signature, even before the Agreement is ratified by the 28 EU member states. [Read more]