Thursday 30 December 2010

The rule of the Kremlin

I am not sure the Kremlin realises the damaging impact of Mikhail Khodorkovsky's farcical trial on Western European views of present-day Russia. The fact of the matter is that there is little trust left on rule of law in Russia.

It is the rule of Putin that matters, this is how the European citizen sees the situation. And many think that investing in Russia is too hazardous, be it about investing money or political trust.

I have written in the recent past some optimistic pieces about Russia. I am one of those who believes in deepening the engagement. But today's incomprehensible court decision is a major hurdle.

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