Name
Petrova Anna Yurievna
Scholastic degree
—
Academic rank
—
Honorary rank
—
Organization, job position
Kuban State Agrarian University
Web site url
—
—
Articles count: 1
Trade relations are one of the key areas of cooperation
between Russia and the European Union countries.
However, prospects of trade and economic cooperation
development between the countries in conditions of
geopolitical instability have been insufficiently studied,
which explains the relevance of the research topic. In
this work, there are analyzed changes in the structure
of exports and imports of the Russian Federation and
the EU within the period 2009-2014, revealed Russia's
dependence on supplies of food and high-tech
equipment, which are included in the sanctions list.
There was substantiated the expediency of the
accelerated modernization of domestic material base,
active development of innovative environment and
creation of conditions for enhancing public-private
partnership in the investment sphere. Calculation of the
economic and financial losses of the Russian
Federation and the EU because of the sanctions regime
and food embargo showed significant dependence of
the economies of each other. The analysis of the
development tendencies in trade relations between
Russia and the EU has identified the main challenges in
the development of foreign trade between countries:
restriction of opportunities to attract foreign
investment; curbing exports; devaluation of the
national currency and increasing inflation. The main
proposals that can strengthen trade relations between
the EU and Russia are highlighted: the abolition of the
bilateral restrictions; development of a new juridical
framework; establishment within the Federal Assembly
ad hoc committees on the regulation of relations with
the EU in order to specify the main goals and
objectives of the strategic partnership, creation of
conditions for their implementation; speeding up the
adjustment of the Russian legislation to international
standards in the framework of Russia's membership in
WTO