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EU ready to negotiate new agreement with Russia

04 Jul '06
2 min read

The Commission agreed draft negotiating directives for a new EU-Russia Agreement. The Agreement will provide an updated and more ambitious framework for the EU-Russia relationship. It will be legally binding and will replace the previous EU-Russia Partnership and Cooperation Agreement (PCA).

The Commission is proposing an agreement which covers the whole range of EU-Russia cooperation, with a particular focus on progressive deepening and development of trade relations and fair and open development of the energy relationship between the EU and Russia. The Commission will work with the Finnish Presidency to seek the agreement of the Council on the negotiating directives before the end of the year, and negotiations with the Russians can start as soon as possible thereafter.

Commissioner for External Relations and Neighbourhood Policy, Benita Ferrero-Waldner, said “Russia is a strategic partner for the EU and we share many areas of interest and inter-dependence; it is important that these should be reflected in the new Agreement. There are both opportunities and challenges on which we need to work together to promote prosperity, peace and security on the European continent.

Finally it is of great importance that the mutual interest we have in energy cooperation should be expressed in concrete terms in the new Agreement”.

The Commission wants the new agreement to be based on recognition of common values such as democracy, human rights and the rule of law. The Commission hopes the agreement will adopt ambitious objectives on political and external security cooperation, effective multilateralism, provisions on the fight against organised crime, WMDs, migration and asylum, and counter-terrorism. In particular, the Commission wants to consolidate the EU-Russia energy relationship based on reciprocity, fair and equal access and a level playing field, and to promote further development of EU-Russia trade relations.

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