Tag: Russia-EU

By Dmitry Medvedev

In a few days many heads of state and government will take part in the Asia-Europe Meeting (ASEM) in Vientiane, Laos. This forum is unique. Established in 1996, it brings together countries from Europe, South Asia and the Pacific region to debate our increasing global interdependence, including the need for deeper regional integration.

When Russia joined ASEM in 2010 it was of great importance, not only for us and the organisation itself, but for the entire system of international relations. It allowed us to literally “connect” two influential political and economic centres in the world. And it is increasingly clear that sustainable global development requires a system of interconnected yet independent regional integration mechanisms. Continue reading »

Investors appear to have shrugged off news that the European Commission has opened a formal investigation of the Russia’s natural gas monopoly for suspected anti-competitive practices in European gas markets. But that does not mean that the problem will go away.

Gazprom’s share price has hardly changed since Brussels announced yesterday that it would investigate whether Gazprom was abusing its monopoly position in the EU where Russia accounts for around 26 per cent of gas supplies. Continue reading »

The European Commission on Tuesday launched an investigation into anti-competitive practices by Russia’s Gazprom, in a move that is likely to ratchet up tensions between Europe and Moscow over energy policy. Continue reading »

After finally joining the club following 18 years of negotiations, Russia might start wishing WTO membership was back on the to-do list.

On Wednesday, the European Commission published a report on protectionism in which it pointed out that Russia “deserves close scrutiny as one of the most frequent users of trade-restrictive measures” – a possible forerunner to filing a case against the country. Continue reading »

It could have been an opportunity to crow about the eurozone crisis. But Vladimir Putin was in a friendly mood when he met François Fillon, his French counterpart, on Friday for talks aimed at expanding Russia’s business ties with Europe’s second biggest economy. Continue reading »

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Global equities macromap

Number of the day

-0.2% Fall in Polish retail sales in April, rather worse than 1.1 per cent growth expected.

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