Russia completes ratification of Eurasian Economic Union, as Putin signs law

Russia completes ratification of Eurasian Economic Union, as Putin signs law

Russian President Vladimir Putin has signed a law ratifying a historic treaty, committing Russia to an economic union with Belarus and Kazakhstan. The Eurasian Economic Union will come into effect in January 2015.

Putin’s signature in the document puts the final dot in Russia’s ratification of the union which will be in place on January 1, 2015, as the other union states are expected to complete ratification in the next few days.

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