Press Release: Mandelson: EU and Russia need to find ‘new footing’ in economic relationship

EU and Russia need to shake off ‘zero-sum thinking’ and false perceptions of each other in order to capitalise on common interests. Speaking at a high-level conference in Moscow on 'Russia in the 21st Century', EU Trade Commissioner Peter Mandelson argued that the EU and Russia need to build an enduring trust in order to manage growing regional and global interdependence. He suggested that the two sides need 'new mechanisms' to encourage economic forces, and that a high level economic dialogue similar to that of the EU and China should be considered.

European Commission: SPEECH/08/343: Russia and the EU: building trust on a shared continent http://europa.eu/rapid/pressReleasesAction.do?reference=SPEECH/08/343&format=HTML&aged=0&language=EN&guiLanguage=en

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