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Changes in foreign trade—the backbone of economic prosperity for Putin’s Russia—reflect the giant shifts in Moscow’s relations with the outside world. Five years after the annexation of Crimea, Russia is moving away from the West and trading less with the EU, while increasing the share of its trade with Asia, in particular with China. Alex Gabuev, a senior fellow and chair of the Russia in the Asia-Pacific program at the Carnegie Moscow Center, examines the implications of this for Russia, the EU, and the Eurasian Economic Union with podcast guests Tatiana Flegontova, deputy head of the Institute for International Economics and Finance, and Dr. Janis Kluge, a senior associate at the German Institute for International and Security Affairs.
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This podcast is part of the “Russia-EU: Promoting Informed Dialogue” project, supported by the EU Delegation to Russia. Dr. Janis Kluge took part in the 11th EU-Russia expert network on foreign policy meeting (EUREN) dedicated to Russia and the EU in multilateral fora. The meeting took place on October 31 in Moscow. More information is available here.
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