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Economic relations between Russia and the expanded European Union. Rapprochement impeded by disputes

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Ludvig Z.

Kozgazdasagi Szemle (Economic Review)

2004

vol. 51

issue 9

849-869

Hungary's EU accession in May 2004 has made it part of a multifarious system of relations taking shape between the European Union and Russia, with the economic strands, like the political ones, assuming ever more importance. The EU was Russia's most important economic partner even before the enlargement, while for the EU, Russia has importance primarily (and increasingly since the enlargement) as an energy supplier. The appreciating value of the system of relations understandably raises the question of the optimum institutional frameworks, especially commercial forms. A key role will be played by Russia's impending WTO membership. However, the new members will presumably bring new problems as well as new opportunities into the existing dialogue between the EU and Russia.

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1 Kozgazdasagi Szemle (Economic Review)

1 Ludvig Z.

1 2004

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Economic relations between Russia and the expanded European Union. Rapprochement impeded by disputes