EU-RUSSIA: SUMMIT ON CRISIS, CLIMATE AND ENERGY. MOSCOW, THE EU’S THIRD LARGEST TRADE PARTNER

"There are many priorities in the global agenda that neither the European union not Russian may face on their own, such as climate change and the financial and economic crisis. So we are jointly responsible for coordinating our efforts": José Manuel Barroso, president of the EU Commission, presents the items on the agenda of the EU-Russia summit due to take place in Stockholm today. In the run-up to the Copenhagen Conference, climate change, the recession and energy provisions are the main sections that will be addressed by the EU authorities and the Russian Government. Other issues will include international policy topics, such as the situation in Afghanistan and Pakistan and the non-proliferation of nuclear weapons. Then the summit will tackle the bilateral partnership agreement that is being discussed over these days. On the occasion of the Stockholm meeting, Eurostat disclosed the figures of trade relations between the EU and Russia, which turned out to be the EU’s third largest trade partner. However, the crisis brought an overall reduction in such trade in the first six months of this year; EU’s exports to Russia have dropped from 51 to 31 billion, imports have dropped from 91 to 52 billion.

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