Europe incentivized to integrate Russia

ARTICLE: Russia to negotiate new deal with EU after joining WTO, RIA Novosti, May 20, 2007

Good stuff that sees the Europeans (and one thinks of Merkel here, who's proving to be great) take more initiative in integrating Russia--its main gas supplier--in political and economic terms.

Yes, the Bush administration has worked the WTO angle too, it's just dangling a different prize: missile defense in Poland and the Czech Republic.

Ah well, the Euros face a different incentive structure, which tells you something about globalization, does it not?

Thanks to Bill Mayer for sending this.