To Nikolay Its correct that Russia should join WTO first. But Russia has signed a Strategic Energy Contract with EU (oil and gas supply) for the next 20 years and the prices are likely to be denominated in Euro. Combined with the European investments they will move slowly towards it. But I agree that it will not happen in next 10 years.
As for the East European countries join the Euro, they are all waiting for the successful launch and stabilization of the currency, once if its there, then they will follow slowly. First the hotels will accept, then the shops and finally the people and the state. Madan --- "Nikolay O. Malyarov" <[EMAIL PROTECTED]> wrote: > Date: Sat, 29 Dec 2001 16:08:44 -0700 > From: "Nikolay O. Malyarov" <[EMAIL PROTECTED]> > Subject: [USMA:16918] OFF TOPIC - RE: Re: Euro:Its > tripolar > To: "U.S. Metric Association" <[EMAIL PROTECTED]> > Reply-to: [EMAIL PROTECTED] > > To be completely honest with you, I haven't heard > any rumours of (fully > and irrevocably metric) Russia wanting to join the > EU. NATO is a > different story, with the new "NATO at twenty" deal. > I think the WTO > will be the first priority for my country. > > Cheers, > Nikolay > > -----Original Message----- > From: [EMAIL PROTECTED] > [mailto:[EMAIL PROTECTED]] On > Behalf Of Louis JOURDAN > Sent: Saturday, 29 December 2001 14.47 > To: U.S. Metric Association > Subject: [USMA:16915] Re: Euro:Its tripolar > > At 5:33 -0800 01/12/29, M R wrote: > >Its not bipolar with US and EU, but tripolar with > US, > >EU & China. > > > >According to ppp method, Chinese economy is already > 60 > >% of the World's economy and in 10 years time, > they > >will have a market the combined size of US and EU. > >With 1.3 billion people and a land area of 9 > million > >sq km, they deserve to be another block. > > Madan, > > just for my information (I am not an economist !) > what is the ppp method > ? > > >As for Russia, they are waiting to join the EU and > >NATO. But its a force to be reckoned with. > > With due respect to the Russians, I doubt they will > join the EU > before long. You certainly know that the question of > broadening of > the EU to new Member States is quite sensitive for > the moment. > Poland, Hungary and a few other countries will join > in a couple of > years. It will take much longer for countries like > Slovakia and > Romania. As for Russia... > > Anyway, best wishes to all members of the list, and > greetings from > France and Europe (with the euro and metric measures > !) > > Louis > __________________________________________________ Do You Yahoo!? Send your FREE holiday greetings online! http://greetings.yahoo.com
