Venice Parliament Votes to Recognize Crimea as Part of Russia

Italy: The regional parliament of Veneto (with capital in Venice) will vote on May 18 whether to recognize Crimea as part of Russia: source.

It also plans to insist that EU removes anti-Russian sanctions. If everything goes to plan, Veneto parliamentarians plan to take their votes to Italian parliament and to EU. Once the regional vote has passed and regardless of how it goes in the country and EU votes, Veneto province plans to unfreeze economic relations with Russia and begin doing business with its big interest, Crimea.

Veneto, one of Italy’s richest regions, loses 1 bln euros annually due to Russian sanctions, while all of Italy loses 3.2 bln annually.

Business contacts between Veneto and Crimea have already begun at the Spring 2016 Crimean Business Forum, which attracted first investments (if memory serves me, something to the tune of 90 bln rubles, which is good, considering sanctions). Italian businesses are some of the most active. Their primary interests are (of course) Crimean wines and tourism. German investors are also quite active – you’d think there were no sanctions whatsoever. Japanese investors are right up there, as well.

I recently wrote that French parliament voted to lift anti-Russian sanctions: French parliament votes to lift anti-Russian sanctions imposed by EU.

The French vote was non-binding. But the Veneto vote, should it pass, will be.

UPDATE!

On May 18, 2016 Veneto Parliament voted 27 to 9 (75% for) to recognize Crimea as part of Russia!

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Posted on May 17, 2016, in Russia, USA/EU/West and tagged , , , , , , , . Bookmark the permalink. 5 Comments.

  1. This is great news for Crimea!

    Like

  2. Kate Caldwell

    My question is…How many Corporation in this provence are corporations?…If this is the case then it might very well be that they have free reign to do this because in the end it will be the Corporations who will run and ruin our planet. I hope Im wrong but….

    Like

  3. This is going to work for two reasons. One is the bottom line, money. Second, Venice is a peculiarity in that it wields old money and old power. The money part is obvious. The old power part is that (my personal research only) the Venetians who count are really of Persian bloodline. The Persians (Iranians) get along quite well with Russia. There’s more to this that I hope Lada will explore with us in the future.

    Like

    • Def not Iranian. Venitians would have a heart attack if they heard what you said. They invented old money.
      You prob don’t know much about Italy and its history. Should visit sometime, Venice is gorgeous.
      Lots of Russians there too. If anything, blame Russian money, lol.

      Liked by 1 person

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