Opinion

The Great Debate

Putin’s already paying dearly for Ukraine – and looks willing to sacrifice much more

Russia's President Vladimir Putin chairs a government meeting at the Novo-Ogaryovo state residence outside Moscow

Russian President Vladimir Putin has adopted a “go it alone” approach throughout the Ukraine crisis and regularly describes his country as “independent” and nonaligned. But Moscow is not as isolated as Putin makes out. The fact that he cannot see this reality — or chooses to ignore it — has produced a series of decisions that has seriously undermined Russia’s global role.

For the past two decades, Moscow has viewed its foray into global institutions as a major success. It has increasingly integrated into the global economy.  Those achievements, however, now present Putin with a major dilemma.

In the aftermath of the Soviet Union’s collapse, Russia signed multiple treaties and joined numerous international organizations, including the Council of Europe, the G7 (which became the G8) and the World Trade Organization.

G8 countries leaders attend a working session at the Lough Erne golf resort where the G8 summit is taking place in EnniskillenWhether Russia understood the underlying obligations that accompanied its memberships is unclear. The ink was not yet dry on Russia’s accession to the WTO, for example, when Putin demanded that member countries be allowed to introduce protectionist measures during times of global insecurity.

Yet the consensus in Russia was that membership bought Russia a vital seat at the table and increased its influence in world affairs. In addition, the United States and the European Union generally believed that it was better to have Russia inside — as opposed to outside — the international system of global governance even if Russia did not meet all the prerequisites for full membership.

from Breakingviews:

Gazprom/Ukraine dispute is proxy for Putin’s whims

By Pierre Briançon 

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Europe has long been used to the perennial drama of “Ukraine versus Gazprom,” but this year’s version is not your run-of-the-mill gas price dispute. Making good on a longstanding threat, Gazprom has said it will deliver gas to Ukraine only if it has been pre-paid. This comes after the Russian energy group failed to settle a dispute with Naftogaz, its Kiev-backed counterpart, over what it claims are more than $4 billion of overdue bills.

As summer nears, the decision will have limited immediate consequences on Europe’s energy supplies. Gazprom says it will continue to provide gas to the rest of the continent and has the means to bypass Ukraine. The two sides may be headed to international arbitration – by far the best way to settle the dispute. Gazprom has some grounds for feeling that it has been too patient with its Ukrainian client.

Ukraine gas crisis spurs EU energy policy

Paul Taylor Great Debate– Paul Taylor is a Reuters columnist. The opinions expressed are his own –

The gas dispute between Russia and Ukraine that has left hundreds of thousands of Europeans shivering in the winter cold is bound to accelerate plodding European Union efforts to build a common energy policy.

The cut-off of Russian gas supplies to Europe via Ukraine highlighted how little progress the 27-nation EU has made in connecting national energy networks and diversifying supplies since the first such crisis three years ago.

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