Stages In The Development Of Eu Trade Relations With Russia

Abstract

The study focuses on four main stages in the development of EU trade relations with Russia, covering the time horizon between 1992 and 2020. These stages are conditional and follow the analogy of the life cycle main stages (establishment, growth and maturity of relations). However, in connection with the reciprocal restrictive measures constituting a special interest in the context of the issues discussed in the study, the contemporary stage, conditionally called the period of challenges, is examined separately. The relevance of the topic and the importance of the problem are related to the strategic significance of EU trade relations with Russia and the intensity of trade, investment and financial flows migrating between them on the one hand, and to the need to revise these relations in the context of the modern economic and political environment, on the other.