It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
CHISINAU/TBILISI (Reuters) - Undeterred by the conflict triggered by Ukraine's swing towards Europe, the former Soviet republics of Moldova and Georgia will sign a trade and political pact with the European Union this month with Russia warning both countries against the move.
The two small countries - Moldova has a population of just over 3.5 million and Georgia 4.5 million - see the signing of an association agreement as the crucial step towards mainstream Europe, leading to eventual membership of the powerful EU trading bloc.
But, as has been shown by their regional neighbor Ukraine, Russia sees their westward move further away from Moscow's sphere of influence as a geo-political setback that could threaten its markets too.
Last November, Russia persuaded a now-ousted Ukrainian leader to pull out of an identical pact with the EU. When protests then chased him from office, Russia, in a backlash, annexed Crimea, and armed pro-Russian separatist groups sprang up in Ukraine's east and the battle there is still raging.
How Russia - which went to war with Georgia in 2008 - will react now remains the big unknown but officials have warned of "possible consequences".
"There is an aggressive attitude from Russia not only towards us, but towards any ex-Soviet state which has European aspirations. But this does not mean that we will reject our free choice," said Irakly Sesiashvili, the head of the parliamentary defense and security committee.
"It is Georgia's sovereign right to sign the Association Agreement with the EU, but it should also understand possible consequences," Russian Foreign Ministry spokesman Alexander Lukashevich told a news conference last month.
"Georgia's sovereign rights should be exercised without damaging the rights of others ... It is very important to understand the consequences which the upcoming signing of the Association Agreement between Georgia and the EU on June 27 may have."
With Europe depending on Russian Gas supplies, Europe is not in a position to argue the toss next winter unless it suddenly invents a new form of fuel. - See more at: www.abovetopsecret.com...
China is hoarding crude at the fastest pace in at least a decade, shielding itself from supply disruptions and helping keep prices above $100 a barrel.
The country imported a record volume in April as it emulates steps taken by the U.S. in the 1970s to create a strategic petroleum reserve, government data show. Chinese President Xi Jinping is building stockpiles as his nation clashes with Vietnam over resources in the South China Sea and faces potential risks to oil sales from Russia, Africa and the Middle East because of sanctions and violence.
originally posted by: Shiloh7
a reply to: Xcathdra
You didn't mention the Foreign Minister's comments about a pact not to move Europe right up to Russia's borders which in effect has been broken if it existed. This is one of Russia's problems and it won't deal without this issue being resolv ed. Once as important an individual as the Foreign Minister brings this point up, it can't be ignorred.
With Europe depending on Russian Gas supplies, Europe is not in a position to argue the toss next winter unless it suddenly invents a new form of fuel.
originally posted by: nwtrucker
What post "WWII" agreement? The Soviet Union was given the eastern half of Europe by the U.S. and the U.K.. It took three generations for that arrogance and stupidity to correct itself.
Zero credibility to those who think this is about forcing a war with Russia. U.S. military presence is Europe is at an all time low, post WWII.
This is a direct result of Russian expansionism. Simple.
I believe he was talking about gas, not oil.
Saudi Arabia, the world’s largest producer and exporter of oil, on Monday sought to reassure markets by stating that it is willing to increase the supply of crude if the ongoing crisis in eastern Ukraine created a shortage.
It appears the price of oil is being inflated to put it over $100 by an ally to Russia and Iran - China. - See more at: www.abovetopsecret.com...