GLOCAL February 2014 | Page 28

What does the future hold in store? So what awaits Russia in 2014? Putin hopes to expand the new working relationship between the Russians and Americans produced by cooperation over Syria and Iran. According to Lavrov, Russia also intends to develop interaction in the BRICS format in 2014, building on the 2013 Concept of the Participation of the Russian Federation in the BRICS and preparing for its chairmanship of the association in 2015. Lavrov also wants Russia to improve its use of soft power as an instrument of foreign policy. But the suicide attacks in Volgograd last week remind us that terrorism is still rife in Russia, and the success of the games is not entirely within Putin‘s control. Moreover, Sochi is the venue not just for the Winter Olympics. The G8 summit (Russia assumed the chairmanship on 1 January) is scheduled to take place in Sochi in June. Putin must hope that Russia‘s G8 agenda – which focuses on fighting terrorism (as well as drug trafficking, and managing conflicts and disasters) – will produce a rapid and fail-safe solution to keeping the Winter Olympics and the G8 summit safe from terrorism. * Margot Light is Professor Emeritus of International Relations at the Department of International Relations of the London School of Economics and Political Science. 26 It is not at all clear, however, that this will persuade Yanukovych to join the Customs Union, or theEurasian Union, which is officially programmed to emerge by January 2015. Kyiv has a long history of playing Russia and the EU off against each other and public opinion in Ukraine is so divided that there is every reason for Yanukovych to attempt to continue this policy. Russia‘s 2013 Ukrainian triumph might turn out to be an extremely expensive Pyrrhic victory. More specifically, it is clear that Putin sets great store by the success of the Winter Olympics which will open in Sochi on 7 February. The December amnesty for more than 20,000 prisoners, including Pussy Riot, Greenpeace activists, and more surprisingly, the pardon for Mikhail Khodorkovsky, means that Western leaders will not be able to cite human rights as a reason for not attending the opening. Page immediately offered to buy US$15bn-worth of Ukrainian government bonds and to cut the cost of gas supplied to Ukraine from more than US$400 per 1,000 cubic metres to US$268.5.