MOSCOW, December 22. /TASS/. The Russian ruble’s steep fall against the currencies of Moscow’s other partners in the Customs Union and the current trade disagreements between Belarus and Russia may spill over into the Eurasian Economic Union, which is to officially emerge on January 1, 2015 on the basis of the Customs Union to incorporate Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan.
On the eve of a meeting of the Supreme Eurasian Economic Council in Moscow, due on Tuesday, Belarussian President Alexander Lukashenko and his Kazakh counterpart Nursultan Nazarbayev mentioned that in their view there were certain risks facing the EEU. However, Russian analysts believe it is highly improbable the integration process will be either disrupted or slowed down.