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Video Knox family: Thankful "nightmare" over Court orders Amanda Knox to be freed Amanda Knox makes final plea Follow Reuters Facebook Twitter RSS YouTube Read Italian appeal court clears Amanda Knox of murder | 3:00am EDT China warns of trade war if U.S. currency bill passes | 1:00am EDT Apple to showcase new iPhone after 15-month hiatus | 12:08am EDT World stocks tumble on Greek, banking fears | 3:37am EDT 'Arrested Development' Revival Gets Looks From Showtime, Netflix, IFC 03 Oct 2011 Discussed 345 Exclusive: Democrats push tax hikes first in deficit talks 220 About 400 arrested in Wall Street protest 79 BofA to introduce $5 monthly debit card fee Watched AlphaDog - an old dog with new tricks Mon, Oct 3 2011 iPhone 5: What to expect Mon, Oct 3 2011 Japanese airline, ANA, apologises for plane flip Fri, Sep 30 2011 Russia's Putin says wants to build "Eurasian Union" Tweet Share this Email Print Factbox Factbox: Who is Vladimir Putin? Sat, Sep 24 2011 Related News HIGHLIGHTS-EU's Barroso State of the Union speech Wed, Sep 28 2011 Witness: Russia's unhappy flirtation with reform Tue, Sep 27 2011 Russia's finance chief rebels over Putin plan Sun, Sep 25 2011 Putin sets stage for return as Russian president Sat, Sep 24 2011 Analysis & Opinion Autocrats rule, democrats flounder World arms deals and tilting at windmills Related Topics World » Russia » By Gleb Bryanski MOSCOW | Mon Oct 3, 2011 6:21pm EDT MOSCOW (Reuters) - Russia's Prime Minister Vladimir Putin said he wants to bring ex-Soviet states into a "Eurasian Union" in an article which outlined his first foreign policy initiative as he prepares to return to the Kremlin as the country's next president. Putin said the new union would build on an existing Customs Union with Belarus and Kazakhstan which from next year will remove all barriers to trade, capital and labor movement between the three countries. "We are not going to stop there and are setting an ambitious goal -- to achieve an even higher integration level in the Eurasian Union," Putin wrote in an article which will be published in Izvestia newspaper on October 4. Putin said last month he would run in the March 2012 presidential election and his current public approval ratings show that he is set to win. Putin's initiative comes as Russia nears the end of its 18-year-old negotiations to join the World Trade Organization. In the article Putin made no secret of his skepticism about the global trade watchdog. "The process of finding new post-crisis global development models is moving forward with difficulty. For example, the Doha round (of international trade talks) has practically stopped. There are objective difficulties inside the WTO," he wrote. In 2009, Putin threw Russia's bid to join the WTO into disarray, saying Russia would instead form the Customs Union with Belarus and Kazakhstan. The new initiative will have to be explained to WTO members. WRONG CROSSROADS Putin, who once called the collapse of the USSR in 1991 "the greatest geopolitical catastrophe of the 20th century," said his new project would not resemble the Soviet Union. "It would be naive to attempt to restore or copy something from the past. However, a stronger integration on a new political and economic basis and a new system of values is an imperative of our era," Putin wrote. Russia's relationship with its ex-Soviet neighbors has been troubled by trade and political disputes and even armed conflicts such as the 2008 war with Georgia. Putin said he saw the new union as a supra-national body which would coordinate "economic and currency policy" between its members. It would also be open to new members. Putin said that the Customs Union would expand to take in Central Asian republics of Kyrgyzstan and Tajikistan. He also made a veiled criticism of Ukraine which chose to stay outside the union citing its commitment to European integration. Some of Russian's neighbors were unwilling to commit to integration because this appeared to contradict their decision to build ties with Europe. But this was a wrong choice, he wrote. He argued that the Customs Union and in future the Eurasian Union would be the European Union's partner in talks over the creation of a common economic space, guaranteeing its members a stronger voice. "Membership in the Eurasian Union, apart from direct economic benefits, will enable its members to integrate into Europe faster and from a much stronger position." Putin wrote that he saw the way out of the global crisis through a regional integration, mentioning the European Union, Asia-Pacific Economic Cooperation, the North American Free Trade Agreement and the Association of Southeast Asian Nations as examples. "These 'bricks' can assemble into a more stable global economy," Putin wrote. (Reporting by Gleb Bryanski; Editing by Myra MacDonald) World Russia Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (3) Cicuriel wrote: I hope it’s not just a mere talks . Time is not on their side they must do something now as the US is makiing Spike steps alone and of course not in Russia’s interset , i.e Syria’s crisis , if Moscow didn’t do something it will lose it’s only access to the Mediteranean . Oct 03, 2011 9:14pm EDT -- Report as abuse zeprin wrote: It’s been a long time since the Kremlin has seen an honest to goodness coronation! Vladimir I Putin, Czar of All the Russia’s. Maybe it’s what they need at this point. Oct 03, 2011 10:58pm EDT -- Report as abuse Zzzzzzzz wrote: re-annexing Kazakhstan for their oil makes sense. But taking on Belorus? Only makes sense for their pipelines, and surely there is even more money to steer towards your corrupt friends by building brand new ones underwater. Russian steel oligarchs are having a tough time with the collapse in demand so need some state support, comrades. Oct 04, 2011 1:16am EDT -- Report as abuse See All Comments » Add Your Comment Social Stream (What's this?) 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