On Europe’s Fringes: Russia, Turkey and the European Union

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Series Details July 2011
Publication Date 2011
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Key points in this Briefing Paper:

+ Russia and Turkey, significant powers on the fringes of the European Union, both have awkward relations with Brussels.

+ As Russia's and Turkey’s strength becomes greater and the EU’s declines, the relationships between them will increasingly involve political as well as economic factors.

+ Turkey is economically and politically closer to Europe than Russia is, while Russia’s relationship with Europe mainly consists of a mutual energy dependency.

+ Russia's unpredictable business environment remains a key constraint on its deeper integration with the EU. The Turkish economy faces challenges, but Turkey has a much better business environment than Russia.

+ The EU's own economic deficiencies suggest that it needs to remain circumspect in dealing with both countries. But Turkey, in particular, should be considered more of a foreign policy partner.

Source Link Link to Main Source http://www.chathamhouse.org/publications/papers/view/177041
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