Never since the end of the Cold War have tensions between Russia and the EU been higher. But no side is gaining from increased confrontation – it is, in fact, detrimental to both sides. Instead, increased trade between the EU and the Eurasian region has not only the potential for substantial economic gains, it can also help to build a more stable and peaceful security environment.
This is the finding of our newest GED STUDY. The study is available for download here in German, as well as in English and Russian in its Focus Paper version. Simply chose the language you prefer, click the download button above and GED informed!
Short Facts From the Study:
– In the EU, the Baltic countries and Finland would gain most from a Eurasian FTA. However, the sectors that gain in those countries are quite different:
– In Lithuania, the motor vehicles and parts sector is likely to gain the most, followed by dairy products and meat
– In Latvia, it’s metal products, followed by beverages and tobacco and manufacturing stand to win from an FTA
– In Estonia, it’s animal products, textiles, apparel
– In the former soviet union countries, Belarus, Russia and Kazakhstan see the biggest increases
– Belarus would gain the most in the electricity sector, petro-chemicals, transport and construction
– In Russia, it’s mostly metals, minerals and oil sectors that would profit
CLICK HERE TO READ THE SHORT BLOGPOST VERSION OF THIS STUDY!