| Publication |
2010.
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| Summary/Abstract |
THE DEBATE has got rekindled of late in Russia over the need to diversify its foreign economic relations and redirect its trade flows from West to East. The Eurocentric bias of Russia's foreign economic policy has long been in the way of the needed turnabout with respect to Asia and unlocking the country's trading potential. As Russia's dependence on trade with Europe and its investments was growing, Russia's partnership with the European Union became plagued alternatively with differences sparked now by the EU's eastward expansion and then by conflicts in the realm of fuel and energy. The progress on building a free trade zone with the European Union, on Brussels' assistance, in getting Russia admitted to the WTO and on establishing a visa-free arrangement, has been at best limited.
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