Russia, Kazakhstan and Belarus form Eurasian Union Thursday May 29,2014

Russian President Vladimir Putin and his counterparts from Kazakhstan and Belarus on Thursday signed a deal forming an Eurasian Union between the three states.

Kazakh president Nursultan Nazerbayev presented the deal live on television after the signing in Astana.

Commencing in January 2015, the Eurasian Union is supposed to become the successor to the Customs Union between the three countries.