(FIIA Comment) If the EU offers a formal dialogue to the Eurasian Economic Union, it is unlikely to lead to reciprocal economic liberalization, or reverse the general political dynamics in EU-Russia relations. Rather, just like the "Partnership for Russia’s Modernization” before it, this would become yet another stillborn undertaking.
On January 1, 2015, the Eurasian Economic Union (EEU), which includes Russia, Belarus, Kazakhstan and Armenia and is soon to be joined by Kyrgyzstan, will officially start functioning. This is old news. In recent months, it appears that the crisis in and around Ukraine has made the issue rather peripheral, both because Ukraine’s non-accession to the EEU qualitatively scales down the whole project and because the worsening of Russian-Western relations in general drew everyone’s attention to other, more urgent issues. […]