Do you know what the European Union is?
European Union is a unique integration project that currently unites 27 countries. Agreements on integration of several industries in the 1950s, as well as a treaty creating common economic space have laid the foundation for this union. Today EU Member-States have a common market, common currency, free (visa-free) movement of citizens within the EU territory, supranational governing bodies, and common representation in certain international organizations and some countries. Over 501 mln. people live in the European Union. It is a major economy and a significant political player in the modern world.
Did you know that Russia and the European Union are neighbors?
Russia has common borders with the following EU Member-States: Finland (in EU since 1995), Poland, Estonia, Latvia, Lithuania (since 2004), Bulgaria and Romania (since 2007). Common borders require the joint resolution of tasks associated with cross-border security, visa regime, and prevention of illegal migration and crime. Promoting transfrontier cooperation and reaching agreement with regards to the shared use of natural resources (Barents, Baltic and Black seas) are also among key priorities in the Russia-EU relations.
Did you know that Russia and the European Union strive for strategic partnership?
The legal basis for EU relations with Russia is the Partnership and Cooperation Agreement (PCA), which came into force on 1 December 1997 for an initial duration of 10 years. Currently a new treaty is negotiated. The PCA covers a wide range of policy areas including political dialogue; trade in goods and services; business and investment; financial and legislative cooperation; science and technology; education and training; energy, cooperation in nuclear and space technology; environment, transport; culture; and the prevention of illegal activities.
Did you know that the European Union is the major economic partner of the Russian Federation?
The European Union ranks first among Russian partners in terms of trade volume (both export and import). The EU accounts for 38.2% of the Russian import and 52.7% of the Russian export. The EU is a key consumer of the Russian energy supply: 88% of the Russian oil export, 70% of gas export and 50% of coal export. Russian oil accounts for 34% of the total EU import and around 27% of the total consumption. Russian gas accounts for 20% of the EU gas import and around 24% of the total natural gas consumption. This mutual interdependence makes energy dialogue a key area of the EU-Russia cooperation. Russia ranks third among EU partners in terms of trade volume: import – 9.5% and export – 6.4%.
Did you know that the European Union and Russia are working to form a common educational space?
Russia strives to integrate the common European principles and standards into its higher education within the so-called Bologna process. This would enhance international mobility of the Russian undergraduate and postgraduate students and faculty. Russia is keen to increase competitiveness of its education and facilitate conversion of academic degrees at the international level. The European Union offers unlimited opportunities of academic exchange to the Russian students, researchers and teachers. The European Educational Institute was founded at the Moscow State Institute of International Relations (University) in 2006.