According to calculations based on models from the German economic research institute Ifo which were published on Monday 20 February, a free trade area between the EU on one side, and Russia and the other countries of the Eurasian Economic Community on the other (Belarus, Kazakhstan, Kyrgyzstan and Tajikistan, with Uzbekistan being a self-suspended member and Armenia, Moldova and Ukraine being observers) could have economic benefits for all stakeholders.
Such an agreement could generate a...