Europe tries to persuade Russia to open energy market with trade deal

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Series Details 4.7.06
Publication Date 04/07/2006
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The European Commission agreed 3 July 2006 draft negotiating directives for a new EU-Russia Agreement. The Agreement will provide an updated and more ambitious framework for the EU-Russia relationship. It will be legally binding and will replace the previous EU-Russia Partnership and Cooperation Agreement (PCA). The Commission is proposing an agreement which covers the whole range of EU-Russia cooperation, with a particular focus on progressive deepening and development of trade relations and fair and open development of the energy relationship between the EU and Russia. The Commission will work with the Finnish Presidency, July-December 2006 to seek the agreement of the Council on the negotiating directives before the end of the year, and negotiations with the Russians can start as soon as possible thereafter.

Related Links
European Commission: DG Communication: Press Release, IP/06/910: European Commission approves terms for negotiating new EU–Russia agreement http://europa.eu/rapid/pressReleasesAction.do?reference=IP/06/910&format=HTML&aged=0&language=EN&guiLanguage=en
BBC News, 3.7.06: Europe seeks Russian trade deal http://news.bbc.co.uk/1/hi/business/5141704.stm

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