Russia and the European Union (EU) should enhance mutual trust and forge a more transparent strategic partnership, President Vladimir Putin said Tuesday. Putin praised \"the good base for further deepening the mutually beneficial relationship\" between Moscow and Brussels during a plenary session of a Russia-EU summit in the Russian Urals city of Yekaterinburg. Economic ties have been growing steadily amid tottering global recovery and challenges in 2012, Putin said, citing promising trade and investment figures. Bilateral trade grew 4.1 percent to a record 410 billion U.S. dollars, which accounted for half of Russia\'s foreign trade, he said. The accumulated investment of EU members in the Russian economy amounted to 276.8 billion dollars, Putin said, adding that the EU remains the largest investor in Russia. In turn, 60 percent of Russian investment abroad took place in Europe. \"All this is the clear evidence of close interdependence, so we have to listen to each other, consult each other and work with each other,\" Putin said. Admitting that various divergences remain between Russia and the EU, especially in the energy sector, Putin called on the two nations to consider their mutual interests and stable business ties and push for proper solutions to existing problems. Meanwhile, he called for close contacts between the EU and the Eurasian Economic Commission. Putin said the Eurasian economic integration was based on the World Trade Organization standards and Russia also adopted Europe\'s experience.
GMT 01:03 2018 Wednesday ,24 January
Trump 'imitates' Modi's accent in private conversation: ReportGMT 21:24 2018 Tuesday ,23 January
Puigdemont accuses EU of not defending rights in CataloniaGMT 21:18 2018 Tuesday ,23 January
Vietnam oil exec 'kidnapped' from Germany jailed for lifeGMT 21:08 2018 Tuesday ,23 January
Turkey in new assault on Kurdish militiaGMT 21:04 2018 Tuesday ,23 January
Turkey detains 24 over 'terror propaganda'GMT 20:52 2018 Tuesday ,23 January
Dawoodi Bohra leader arrives in DubaiGMT 22:09 2018 Monday ,22 January
Israel apologises to JordanGMT 16:11 2018 Sunday ,21 January
Pope condemns criminals in crime-stricken Peruvian city

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor