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March 28
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The Customs Union is a “backward province,” and that is why the selection between the European Union (EU) and the Customs Union is more than apparent for Ukraine, stated Ukrainian analyst and political advisor Alexander Paliy.

The analyst is confident that the Customs Union will bring no benefits to Ukraine, Gazeta.ua reports.

“The Customs Union is a union of backward, feudal economies, where the rights of the man, the citizen are not  protected. It gives no innovation to the world,” Paliy noted.

As per the analyst, the EU, on the other hand, is a union of leading economic relations.        

“The European Union is a major center which comprises 23 percent of the global GDP, in the case when the indicator of the Customs Union is barely 3 percent,” Paliy explained.  

He also stressed that the EU and the Customs Union cannot be compared with one another.

“One of the centers provides cultural, political and economic standards to the world, ever since the 19th century. [But] the other center is just a backward province,” Alexander Paliy concluded.

To note, following the talks that were held on September 3 in Moscow between Armenian and Russian Presidents Serzh Sargsyan and Vladimir Putin, Sargsyan had announced that Armenia plans to join the Customs Union and subsequently engage in the formation of the Eurasian Economic Union.

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