WORLD, Feb. 12 (YPA) – The Acting Representative of Russia to the European Union, Kirill Logvinov, said that the European Union is no longer a significant trading partner for Russia, and trade between the two sides continues to decline.
In an interview with the Novosti agency, he added, “It is clear that the European Union is no longer a significant trading partner for Russia. Brussels has chosen the path of economic warfare, imposed endless sanctions on our country, and attempted to interfere in Moscow’s economic relations with third countries.”
Logvinov pointed out that according to Eurostat data, trade between the European Union and Russia continued to decline in 2023, with Russia dropping from fifth to tenth place in the list of the EU’s main trading partners.
He added, “Over the 11 months of 2023, Russian trade with the European Union decreased by 66.1% compared to the same period in 2022 – from 243.5 billion euros to 82.5 billion euros.