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Thursday, February 14, 2013

An Eastern European Phoenix

An Eastern europiuman phoenix, once rising from the ashes, may in brief return to the ash

heap of history. The recent sentencing by Judge Rodion Kireyev of precedent Prime Minister (PM)

Yulia Tymoshenko, perhaps the most influential, female oppositeness leader in the 20-year history

of Ukraine, to seven years in prison, three-year throw away from public office, and $190 million USD in

fines, puts Ukraine, this promising free commercialize jewel of Eurasia, at the precipice of returning to

the rubble of its Soviet Chernobyl-era past. mediocre as Lucy pulled the ball away as Charlie Brown

approached to kick, President Viktor Yanukovych is exploitation a Russian natural gas accord that he

current Tymoshenko to conduct as a political football, leaving the former(prenominal) PM on her back in

a Kiev prison, for doing exactly what she was asked to do. Reminiscent of my time following

the Orange Revelution of 2004, when I vigilantly industrious the Ukrainian market with a tire

technology venture at the behest of Ukrainian tire manufacturers only to be later undermined by

them for my efforts, the test of Tymoshenko reminds me once more of my first lesson in doing

business in Ukraine -- never turn your back on an adversary in Kiev.

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While Putin-backed Viktor Yanukovychs election victory in 2008 over President Viktor

Yushchenko foreshadowed a rebuke of Western encroachment in the culturally Russian republic

of Ukraine, Yanukovychs initial engagement of Europe via his first state visit to Brussels led

many (including myself) to look at that hope abided for Ukraines integration into the family of

free nations, even with a pro-Russia chief executive. Regrettably, this court ruling leaves Ukraine

at an irrevocably disgraced position. As long as Tymoshenko remains in prison, EU membership

consideration, bilateral trade negotiation, and White House cooperation are indefinitely

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