Today: 10 March 2025
26 May 2021
1 min read

‘Economic cooperation with Russia increasingly difficult’

Von der Leyen said she is planning new proposals for dealing with Russia, including regarding the Nord Stream 2 Baltic Sea pipeline…reports Asian Lite News

Economic cooperation between Europe and Russia is becoming increasingly difficult, European Commission President Ursula von der Leyen said.

“Many attempts on our side over many, many years, almost decades to improve [the] relationship with Russia did not have (the) success they deserved,” dpa news agency quoted von der Leyen as saying at an EU summit here on Monday.

“Economic cooperation over time has gotten more and more difficult,” she said, adding that the Russian economy needs to be modernised.

“What we see today is an economy that is lacking an enormous amount of modernization that would be necessary, an economy that is highly depending on energy revenues, but a regime that is not willing to interact in a constructive way with us.”

Von der Leyen said she is planning new proposals for dealing with Russia, including regarding the Nord Stream 2 Baltic Sea pipeline.

She said the options would be discussed in a report on relations with Russia at the end of June.

The report will present “the different policy options that will show how we can deal with Russia”, she added.

Moscow, Aug. 18 (Xinhua) — Russian President Vladimir Putin (Sputnik via Xinhua/IANS)

Meanwhile, on Monday, leaders of the EU member states had agreed to cut the bloc’s air links with Belarus following Sunday’s Ryanair flight diversion incident.

According to the conclusions of the special EU summit, the 27-member bloc strongly condemned the incident which endangered aviation safety and called on the International Civil Aviation Organisation to urgently investigate “this unprecedented and unacceptable incident.”

Leaders of the member states urged the European Council to adopt the necessary measures to ban overflight of EU airspace by Belarusian airlines; prevent access to bloc’s airports of Belarusian flights; and called on all EU-based carriers to avoid overflight of Belarus, according to the conclusions.

ALSO READ: UK’s most wanted fugitive arrested in Dubai

Previous Story

Afghan protesters vandalise Pak High Commission in London

Next Story

73% decline in foreign travellers visiting UK in 2020

Latest from -Top News

South Africa to host Zelenskyy in April

South Africa has adopted a neutral position in the war and has attempted to act as a mediator between the sides, although with limited success Ukrainian President Volodymyr Zelenskyy will visit South

Hezbollah Draws the Line

Hezbollah top official emphasised Hezbollah’s continued role in political and military affairs, asserting that “resistance” will persist as long as Israeli threats remain Hezbollah Secretary General Naim Qassem reiterated the group’s unwavering

Syrian Violence Claims More Lives

The death toll crosses 1000 as troops loyal to the old regime clash with the new government forces The Arab League (AL) has been following with great concern the security situation in
Go toTop

Don't Miss

Russian diplomat lauds India’s position on G7 price cap  

Russia will continue the success of the Indian Presidency at

Death toll in Russia terror attack rises to 133

The US had warned Russia about the possible terror attack,