In 2011 the Presidents of Russia, Belarus and Kazakhstan signed an agreement to create a Eurasian Economic Union (EEU) and have it fully functioning by 2015. The issue is in the focus of media and experts community. Some are somewhat skeptical about the idea, especially in the USA, where the plans are met with open hostility and the government is called upon to effectively counter the initiative… Is the project likely to succeed? Is it not hypocritical to oppose the process of regional integration in Eurasia while supporting it elsewhere? It’s worth to have a look at what the project is about, while setting aside for the time being mantra-like repeated accusations of imperialism just because one of the would-be members has a larger GDP than others (like if it could be otherwise)…