As Vladimir Putin sweeps back to the Kremlin to reclaim Russia’s presidential seat, he has set, high on his agenda, his plans for a Eurasian Union. His vision is a Moscow-led powerhouse making Russia a major world player alongside the United States, the European Union and Asia. But is this simply political posturing to keep Russia’s neighbours in check, or can Moscow regain the global influence of which Mr Putin dreams?

A PRIORITY of Russia's president elect Vladimir Putin's foreign policy agenda is the formation of a Eurasian Union by 2015. The union, he says, is necessary for Russia and its neighbours to compete in the modern global economy.

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Professor Stefan Hedlund
The concern amongst Russia’s neighbours is that Moscow’s ultimate ambition has been and still remains that of regaining its lost status as a Great Power, or even a Superpower
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