A year or two ago the process of unification of peoples of Russia and Belarus looked much more effective. The Community of Belarus and Russia was transformed into the Union, accompanied by phrases about economically getting closer, historic predetermination and other integration terms. But gradually the pathetics of integration speeches were replaced by pragmatic remarks made by Russia about changing the form of payment for energy supplies. Reshuffles in the Russian government are accompanied by emphasising Russia's internal problems and the need to mobilise all reserves for their solution. Belarus which maybe benefits by certain privileges so far, first of all, in obtaining Russian oil and gas and in selling its industrial product, might turn out to be the lumber which one might finally wish to get rid of.
Belarusian ruble becomes a currency non grata.
The ban on imports for BRB throws Belarus back to 1992. In terms of modern science, our economy is an economy of a small open country with the regulated capital flows. As a small economy is viewed any country which is not capable to influence international interest rates. The Republic of Belarus has no possibilities to do that yet. As an open economy is considered any country which has a significant share of exports and imports as compared with its own gross domestic product.