EU Ambassador complained about protectionism in the Russian economy

© RIA Novosti / Anton to Deniability in fotobanka of the EU delegation to Russia Vygaudas Usackas. Archival photoEU Ambassador complained about protectionism in the Russian economy© RIA Novosti / Anton to Danilovmarat the image Bank

The EU Ambassador in Russia Vygaudas ušackas has accused Russia of protectionism and isolation of Russian business on the global supply chain, but noted the interdependence of the EU with Russia.

«Unfortunately, instead of having to build a partnership based on common values, economic integration and open markets and the modernization of society, we are now in a situation when looking for a solution to the crisis. The fact that Ukraine is the center of the conflict. The European Union and Russia are interdependent because of multilateral relations,» the diplomat said at the Third international conference «Russia and China: towards a new quality of bilateral relations.»

«Russia takes protectionist and (that) is a priority for Russia. Recently (Russia) adopted a wide range of measures that affects all major economic sectors, distorts the conditions of equal access. It seems that Russia is isolating the business from the global supply chain instead of integrated into the global supply chain,» said Usackas, adding that the EU is the «largest trading partner» of Russia, who have «46% of Russian foreign trade».

In this Usackas noted that trade between the EU and Russia is growing in comparison with the year 2016, so the EU «needs the cooperation (with Russia) even more.»

Relations between Russia and the West deteriorated in connection with the situation in Crimea and Ukraine. At the end of July 2014, the EU and the USA from the point of sanctions against certain individuals and companies have moved to measures against entire sectors of the Russian economy. In response, Russia restricted imports of food products from countries that have imposed sanctions against her: USA, EU States, Canada, Australia and Norway.

Moscow has repeatedly stated that he considers absurd to link sanctions with the implementation of the Minsk agreement on Ukraine, as Russia is not a party to domestic conflict and the subject of the agreements on the settlement. Also Moscow has repeatedly said that talking to Russia in language of sanctions counterproductive.

The General partners of the conference «Russia and China: towards a new quality of bilateral relations» this year was PJSC «Transneft», JSC «rosseti» and the Fund for infrastructure and educational programs. In addition, the conference is supported by the government of the Russian Federation, the Ministry of foreign Affairs and the Embassy of China in Russia. Information partners of the conference were the RIA Novosti news Agency and news Agency and radio Sputnik media group «Russia today». The conference is organized by the Russian international Affairs Council (RIAC).

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