Customs Union could solve problem with gas price for Ukraine, says Communist Party leader

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July 22, 2012, 12:18 p.m. | Politics — by Interfax-Ukraine

Communist Party leader Petro Symonenko

The entry into the Customs Union will give Ukraine significant benefits, in particular, elimination of export and import restrictions and reduction of customs duties, Communist Party Leader Petro Symonenko considers.

"This is a significant benefit for our producers, who can freely sell their products on the markets of all member countries of the Customs Union," Symonenko said during his working trip to Pervomaisk (Mykolaiv region).

In addition, according to the leader of Ukrainian communists, reduction of customs duties will allow to achieve a decrease in energy costs for Ukraine.

"It's really profitable for us, and in the future we should speak not only about a single economic space but also joining the Eurasian Economic Community, expanding our trade and economic relations with the Shanghai Cooperation Organization and the BRICS countries. Then Ukraine will not act as "a Cinderella" in relations with the EU," he said.

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Charles Spencer July 22, 2012, 1:13 p.m.    

Not many countries in this union is there...with the EU markets the Ukraine.....only a fool would suggest what he is saying....yes its been confirmed...this man is a total fool. Also it is called blackmail what he is saying....once again the Ukraine will be a slave to the RUSSIANS....a fact.

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rcd1 July 23, 2012, 4:11 a.m.    

Simply put, it is like selling your soul to the devil and surely the devil is in the details. There is no freedom of anything with the Russians. Have Ukrainians not yet learned that lesson? After decades of brutal oppression and stern control over Ukraine's entire culture you still have fools speaking this foolish talk. Russian dictation, its past domination, and it's old corrupt ways still continues to have a negative impact on Ukraine today and why it cant grab full control of it's own destiny, it's own culture, and it's own independent future. I hope there arent many Ukrainians buying that crap.

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Roman Dawydiak July 23, 2012, 11:59 a.m.    

The commentary by rcd1 hits the head on the nail. If joining the Customs Union would have been so profitable the Yanukovych Administration would have done so a long time ago. The fact remains that it would not be profitable for the Ukrainian oligarchs who are the financial cornerstone of the current regime and without their support Yanukovych and his cronies would topple in the same way as a stack of dominoes. The regionnaires for their part still hold an affinity towards Russia. Therein lies the rub. The current regime would like stability and friendly relations with the big bear to the east yet they also want the socio-economic prosperity that lies to the west (the EU in particular). The only problem is that they can't have the cake and eat it too. A crucial decision will have to be made and it will have to be made soon. Moreover, the independence of the Ukrainian nation is the ultimate prize.

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rcd1 July 23, 2012, 9:21 p.m.    

Very well put... as the Ukrainian Oligarchs are the real controlling power in Ukraine and they know very well that there are no free markets, control of their business nor unlimited potential in profitability where the Russians are concerned. They have no desire to be subservient to the Russians again but at the same time they are not prepared to accept the cleaner, more transparent and fairer business and social practices of the West and E.U. and as you said clearly they cannot have their cake and eat it too. The bridge is about to collapse and a choice one way or the other has to be made. I for one hope it is the E.U. way.

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