The economic competition between “bullets and armour” continues
The eighteenth package of EU sanctions was marked by a focus on the energy sector. From the very beginning of the Special Military Operation (SMO) in 2022, Brussels has placed particular emphasis on measures restricting the Russian fuel and energy sector. Bans were introduced and expanded on energy imports, on the export ...
We live in the realities of 2025, when increased efforts do not result in proportional damage
The European Union has introduced its 18
th
package of sanctions against Russia. EU High Representative for Foreign Affairs and Security ... ... efforts do not result in proportional damage.
In terms of the degree of danger to the Russian economy, we should start with the energy sector. The latest amendments to
EU Council Regulation 833/2014
tighten the so-called price cap on Russian oil. Under ...
Italy intends to become a key energy hub for the Mediterranean in the context of gas supplies to European countries, and all the steps taken by the country in the field of the "new energy policy" are aimed primarily at achieving this political goal
In 2022–2023 the Italian ...
... of communication that stands in the way of deepening the rift in ideas and values.
Another important process that is rapidly developing amid the devolution of EU–Russia relations is the deliberate
deconstruction of economic interdependence
. The European Union’s strategy to reduce energy dependence on Russian hydrocarbons, the global trend towards increased protectionism, and the course of economic autarky that Russia settled on in 2014 are augmented today with a new challenge to economic interdependence, which is the EU’s transition ...
... embark on another stage of international expansion for its technological leaders and, unlike many other EU states, is not inclined to politicize economic cooperation
Russia has put forward various assessments of the European Green Deal approved by the European Union in 2019, marking the intensive stage of energy transition. Some experts prefer to stress that developing green energy in the EU is another step in putting an end to energy dependence on Russia and the unstable states of the Middle East as well as a way to build up the EU’s competitive edge ...
... the EU in the ecology sphere".
The discussion focused on the challenges and prospects of relations between Russia and the European Union in the field of ecology and how the European Border Carbon Mechanism (CBAM) might affect the European and Russian ... ... Spirin, Director of the Environmental and Climate Risk Management Department of En+ Group; and Ernesto Ferlenghi, Chairman of the Energy Committee, Chair of the Green Initiative Steering Committee of the Association of European Businesses; spoke about the ...
..., restoring biodiversity and curbing pollution.
While obviously having an impact on the EU economy, the implementation of the Deal will also concern the economies and foreign commerce of its trading partners through the anticipated re-structuring of energy markets and reduced carbon-intensive imports. In the next decade, the European Green Deal will mostly affect coal imports, possibly followed by oil and gas imports after 2030. By 2030,
coal imports
are expected to reduce by 71–77% of the 2015 ...
... ecology and sustainable development field is one of the promising areas of bilateral relations. For Russia and Russian companies, this opens up prospects in the EU energy market and access to technologies for waste processing and production of renewable energy sources. For the European Union and companies from the EU countries, this is an opportunity to import products that meet its environmental standards.
However, the opaque situation regarding the European Border Carbon Mechanism (CBAM) in the background of the EU Green ...
... submitting the results of the discussion to the relevant UN agencies, including UNIDO and UNCTAD.
Let us note as an aside that the European Union is continuing to collaborate with Russia on a series of initiatives as part of long-term partnerships in
climate ... ... implementing the Paris Accords. Specific projects, including those in waste disposal and processing, wastewater treatment, increasing energy efficiency, entail equipment deliveries from the EU, which creates the prerequisites for cooperation in these areas. Bilateral ...
... booming population, developing economies, a crucial need for energy security and international commitment to sustainability and green economies, this continent has all the characteristics of an attractive market for nuclear and renewable resources. The European Union and the Russian Federation are giants in the sphere of energy: not only do they develop and manufacture energy technologies and power plants, but also have a genuine interest in exporting them globally. This includes the African continent. However, Africa comes with challenges, namely a cruel lack of infrastructure ...