Russia has fallen to 13th place among EU trade partners

Given the significant reduction in trade turnover between Russia and the EU in the first 10 months of 2024, Russia ranks 13th among the EU's main trading partners after Brazil, Mexico and Canada, the Russian post mission to the EU told Izvestia.

"For the EU, the sanctions policy is turning into a triple failure"

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"The next sanctions packages, as well as the proposals of a number of member states being worked out in Brussels to increase duties on Russian imports to the European Union not yet covered by bans, if adopted, will lead to a further decline in trade in 2025," the diplomatic mission emphasized.

As noted in the diplomatic mission, sensible European politicians and business representatives see that "the sanctions have not achieved their stated goals and have done more harm to the EU itself".

On December 22, Slovak Prime Minister Robert Fitzo arrived in Moscow on a working visit. Earlier, he said that Bratislava intended to block possible EU sanctions against Russia in the nuclear energy sector.

According to media reports, Hungarian Prime Minister Viktor Orban said on December 19 that he would wait for the inauguration of Donald Trump and then decide whether or not to support the extension of European sanctions against Russia.

Read more in Izvestia's exclusive piece:

Trade bumps: Russia has fallen to 13th place among the EU's main partners