Working paper prepared by the expert of CCEIS Andrei V. Belyi
Talks between Russia and Europe are so stymied by mutual suspicion that only a "big deal" can break the deadlock, says Timofei Bordachev. Cooperation over energy is a great opportunity to set bilateral relations on a whole new course.
The issue of investment reciprocity will be one of the most crucial issues in Russia-EU relations over the next several years. It was identified as one of the top priorities by Russian and the EU political leaders (both by the EU and by each of the EU member-states), and declared to be so in the majority of Russia-EU strategic and program documents. This issue was also, to a great extent, considered to be one of the prerequisites for the platform of the future stability and integration of all sides.
The revolutionary events of 1989-1991 in Central and Eastern Europe, crowned by the collapse of the Soviet Union and the Communist bloc, triggered a long and dramatic process in the history of the European states.