Trade Agreement Eu Russia
Russia has decided not to participate in the European Neighbourhood Policy (ENP) of the European Union, as it strives to be an “equal partner” of the EU (unlike the “junior partnership” that Russia considers in the ENP). Therefore, Russia and the European Union have agreed to create four common spaces for cooperation in different fields. In practice, there is no significant difference (apart from designation) between the sum of these agreements and the ENP Action Plans (adopted jointly by the EU and its ENP partners). In both cases, the final agreement builds on the provisions of the EU acquis communautaire and is subject to joint debate and adoption. This is why the common spaces are funded by the European Neighbourhood and Partnership Instrument (ENPI), which also finances the ENP. Russia`s permanent representative to the EU, Vladimir Chizhov [ru], said that Russia had no intention of joining the EU.  Vladimir Putin stated that Russia`s accession to the EU would be neither in the interest of Russia nor of the EU, although he advocated close integration in different dimensions, including the creation of four common spaces between Russia and the EU, including unified economic, educational and scientific spaces, as indicated in the 2003 agreement.   In order to contribute to the concrete implementation of the Roadmap, the CPP Justice and Home Affairs met on 13 October 2005 to organise groups of conferences and seminars involving experts and practitioners in the fields of counter-terrorism, cybercrime, document security and judicial cooperation. There was also an agreement on the development of enhanced cooperation between the European Border Agency (FRONTEX) and the Federal Border Security Service of Russia. Russia`s “counter-sanctions” – bans on importing agricultural products from Western countries – have resulted in losses for European producers and driven up prices for Russian consumers. Trade between the EU and Russia fell by 38.5% compared to the year between January and September. The European Union remains the Russian Federation`s largest trading partner. EU Member States currently account for 44% of Russia`s total turnover.
Russia, meanwhile, ranks fourth among the EU`s major trading partners (after the US, China and Switzerland), tops the list of its natural gas suppliers, and is a major exporter of crude oil and refined petroleum products to the EU. . . .
Comments are closed.