by radon1 » Fri 13 Feb 2015, 04:57:24
http://www.strategic-culture.org/news/2 ... ussia.htmlThe Czech Republic: Doomed without Russia
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')Zeman virtually admitted that there was a group of countries within the European Union who were against the anti-Russian sanctions, and declared that with regard to relations between the West and Russia, priority should be given to trade and economic cooperation rather than political confrontation.
$this->bbcode_second_pass_quote('', 'A')ccording to Miloš Zeman, the European Union has a year at most to lift the sanctions against Russia. Otherwise, EU members can expect not just huge, but irreparable losses. Among other things, Czech businesses will be unable to re-establish their positions on the Russian market and will be driven out by companies from other countries, and the first companies will be American. Zeman believes that this has happened before in the history of his country; when the Czech Republic was still part of Czechoslovakia, the country refused to cooperate with Russia in the field of military technology. As a result, the country lost its business reputation and its share of the market – both the Russian market and the global market. «Something similar once happened with the defence industry. Now, as the Czech president, I am trying to prevent it», said Miloš Zeman.
In present conditions, the Czech Republic could once again find itself facing a similar situation, and the entire structure of Czech imports would be at risk. According to independent sources, the current volume of Czech imports from Russia amounts to USD 8 billion, which is comparable with the volume of Czech exports to Russia. The sustainable growth rate of corresponding figures observed since 2009, that is to say the beginning of the global economic crisis, is particularly important. According to the Federal Customs Service of Russia, trade between Russia and the Czech Republic in 2009 amounted to USD 6.8 billion, in 2010 it was USD 8.4 billion, in 2011 – USD 9.9 billion, and in 2012 – USD 10.5 billion.
Losses in trade with Russia could be irreparable for the Czech Republic, especially bearing in mind the country’s unenviable economic situation at present. In terms of its current balance of payments, for example, the Czech Republic is 160th in the world; in 2013, the country had a negative balance of USD 3.27 billion. According to this indicator, the Czech Republic is trailing behind Ethiopia, Equatorial Guinea, Thailand, and Lebanon, and is only slightly ahead of Yemen and Syria, which are both racked by internal conflict.
$this->bbcode_second_pass_quote('', 'T')he Czech Republic, along with its neighbours Slovakia and Hungary, are against supplying weapons to the Kiev regime.