Russia Considers EU Important Neighbor, Key Economic Partner

Author: us-russia
Comments: 0
Russia Considers EU Important Neighbor, Key Economic Partner
Published 3-10-2017, 14:02
Russian President Vladimir Putin has called the EU to be Russian major trade partner, during a ceremony where the new ambassadors of 20 countries presented their credentials to the President.

"We consider the European Union an important neighbor and key economic partner… We reaffirm the importance of establishing sustainable contacts between the Eurasian Economic Union and the European Union, including in the interests of creating a common economic and humanitarian space from the Atlantic to the Pacific Ocean in future," Putin said.

Moreover, the Russian leader noted that the European Union still accounted for nearly half of Russia’s foreign trade volume despite the decrease over the past three years.

Meanwhile, the European Union along with the United States imposed sanctions against Russian individuals and the Russian defense, energy and banking sectors in late July 2014, following the escalation of the Ukrainian crisis. Moscow responded by introducing a yearlong food embargo on several key imports from the countries that have targeted Russia with restrictions, extending the current embargo several times. On September 14, the EU has again prolonged restrictions on Russia over Ukraine's internal conflict.

 

sputniknews.com

Comments: 0
Experts' Panel
Are the U.S. and Russia...
The Sunday, February 24 edition of Russian state television’s...
Are the U.S. and Russia...
Top
popular in the journal
From Kennedy-Khrushchev to...

From Kennedy-Khrushchev to...

Following issuance of Robert Mueller’s final report concluding there was no "collusion” with the Kremlin, and Donald Trump’s "very good” phone conversation ...
Tenzin Gyatso, known as the 14th...

Tenzin Gyatso, known as the 14th...

MOSCOW (Sputnik) - The Tibetan Buddhist spiritual leader gave an interview to Sputnik in which he explained why Russia can make a significant contribution to the ...
The 2019 European Parliamentary...

The 2019 European Parliamentary...

During the run-up to the continent-wide elections to the European Parliament that just took place, our European press and electronic media sounded the alarm over the ...
Conversation Between Putin, Trump...

Conversation Between Putin, Trump...

MOSCOW (Sputnik) - Moscow hopes that the meeting between Russian President Vladimir Putin and his US counterpart, Donald Trump, will take place, preferably in a ...
Kremlin aide warns US policy poses...

Kremlin aide warns US policy poses...

Washington's steps are based on the illusion of a free hand in the field of military construction, and the costs of this can be very dangerous for international ...