EURINT (Aug 2021)

EU-RUSSIAN ECONOMIC RELATIONS: FROM COOPERATION TO CONFRONTATION

  • Livia CEBOTARI

Journal volume & issue
Vol. 8
pp. 41 – 55

Abstract

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The starting point for relations between the Russian Federation and the European Union is considered to be the Agreement on Trade and Commercial and Economic Cooperation between the USSR and the European communities, signed in December 1989, in Brussels. However, the following years were marked by periods of partnership and periods of confrontation. There were times when the economic cooperation developed, followed by a decreased interaction between the two great powers, when the relations became more tense and the level of mutual distrust escalated. The year of 2014 saw the deepest crisis in EU-Russia relations since the end of the Cold War. Tensions between the European Union and the Russian Federation intensified because of the Ukrainian crisis. This analysis aims at highlighting the events that led to tightening or loosening the (economic and political) ties between the two, thus making relevant scenarios regarding this partnership.

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