I appreciate your detailed reply and the historical quote. I was aware of this bit of history of Russian contribution in the creation of Bangladesh and saving us from the attempted racist rule of West Pakistan. For this we are eternally grateful to both India and Russia, no Bangladeshi can deny that.
However, the world situation has changed quite a bit since then. Russia is no longer Soviet Union. Population of Russia is continuosly falling. I know that it imports a lot of Russian speaking labor from former Soviet countries, but still it is not enough. That demographic gap is sometimes filled by Chinese in Eastern Siberia where they are moving in as farm workers and leasing land for farming. I have heard that some in Russia are afraid that eventually Russia may lose parts of Siberia because of demographic change.
Of course Russia as its former self, Soviet Union, had forged great relationship in the past with people of different regions of the world, mainly because it was the principal balancer for US hegemony. So it had a useful and illustrious role while it lasted. Personally I support socialism, not a totalitarian one, but a more democratic one, as we see in the welfare states in Europe, specially Scandinavia. I have also personally known people and have friends in former Soviet Republics as well as Moscow, including ethnic Russians, who have a nostalgia for the good old days. I have also tried to learn Russian at one time. Basically there was a fundamental flaw in the economic system, Soviet Union did not survive and the world has moved on.
In this changed global scenario, India is now more close to the US and it may soon become a balancing tool against China, on another faulty policy drive from Washington DC, which I hope does not happen. A rising China is not just a threat for India, but Russia as well, with which it shares border.
In this challenging global scenario, where both India and China with billion plus population are fast rising, no other states will be able to balance these two in my opinion, which will be aggressive towards themselves as well as others, kind of like the US and Soviet Union used to be in the past. Both of these countries have aggressive meme's that are being used to unify and boost their morale, Hindu nationalism in case of India and Han ethnic nationalism in case of China. In both China and India, the victims and scapegoats are and increasingly will be the minorities, their smaller neighbor states and states in other regions of the globe where they already compete for resource exploitation, in competition with the US and the West.
So the solution I propose is that countries with some common history, culture, religion and ethnic roots, should try to join hands in bigger unions to counter the threat from these rising potential hegemons. Since Russia from the days of Kievan Rus has been a European entity, ethnic Russians are essentialy Europeans and fit in perfectly well when they migrate to North America or Europe, I think it makes sense for Russia to be in the greater EU, which will include people and lands that have majority people of European origin:
http://www.defence.pk/forums/world-affairs/164048-kalu_miahs-new-world-order-road-map-future.html
The US is facing a constant migration pressure from Mexico and other countries in South America. I believe this can be effectively solved with a Latin American Union, which will bring greater economic prosperity and political stability and create jobs in that region, so people do not have to move North for jobs. I think the same thing can be done in a African Union where an improving situation and job creation can reduce migration pressure to EU. For Russia and Russian speaking countries like Belorussia and Ukraine, I think it is time to work on closer relationship with EU. Why is that? I think it will make Russian land and people more secure from any encroachment from any corner, specially China. A union of mostly European origin countries will have the following population:
USA: 313
Canada: 35
EU: 503
Balkan: 22
Australia 23
New Zealand 4
Belarus 10
Russia 142
Georgia 4
Moldova 4
Ukraine 46
Armenia 3
Total 1109
So these countries have about 1.1 billion people which is a comparable size to the largest two states. Please note that this is not a question of making union of white people, but I think it is in the best interest of all these countries to remain majority white for the time being, which can only be done, if further integration can be made between the above countries, while having as much trade and economic relations with neighbors of individual countries, as well as countries in other regions of the world. Essentially the proposed step will mean to expand the EU integration process to all of the above countries. I think it will be good for people of all these countries including people of Russia.
While this greater EU is being formed, I believe it should ally more with union of smaller countries which I list in my above post. With highest achievement in HDI (Human Development Index) among global population, I believe it is not time for the people of European origin to be divided and hand over the torch of humanity to China (or an India which happens to have such a dream), just because people could not be creative and innovative and unite in time to avert this unwelcome future. I have nothing personally against Chinese or Indians leading the world, it is just that I don't thing they are anywhere close to being ready to fit the job description. It will also be in the interest of the rest of the world for the above to happen, because it will be a smooth transition from a Western/European (including Russian) dominated world to a truly multipolar world, without giving opportunity for the Chinese or the Indians to call the shots for the planet, which can potentially be destabilizing because of their volatility and tendency of sudden misadventures. I think every citizen of the globe deserves that sense of security in their future, including the ones in China and India, as it is mostly the ruling elite that have grandeurs of imperial ambitions, not the common citizens, whose lives are little affected and often negatively affected with such ambitions.