|Author (Person)||Hanson, Philip|
|Series Title||Briefing Paper|
|Series Details||July 2011|
|Content Type||Journal | Series | Blog|
Key points in this Briefing Paper:
+ Russia and Turkey, significant powers on the fringes of the European Union, both have awkward relations with Brussels.
+ As Russia's and Turkey’s strength becomes greater and the EU’s declines, the relationships between them will increasingly involve political as well as economic factors.
+ Turkey is economically and politically closer to Europe than Russia is, while Russia’s relationship with Europe mainly consists of a mutual energy dependency.
+ Russia's unpredictable business environment remains a key constraint on its deeper integration with the EU. The Turkish economy faces challenges, but Turkey has a much better business environment than Russia.
+ The EU's own economic deficiencies suggest that it needs to remain circumspect in dealing with both countries. But Turkey, in particular, should be considered more of a foreign policy partner.
|Countries / Regions||Europe, Russia, Turkey|