May 26, 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

Pahalgam Bled, But Kashmir Didn’t Bow

Pahalgam was the latest act in a long campaign of Pakistan-based militancy aimed at destabilizing Kashmir, especially as the region has gained strength through development,…writes John Spencer On April 22, 2025, gunmen

India–EFTA Trade Deal Gets Swiss Nod

Switzerland Ratifies Landmark EFTA-India Trade Pact, Paving Way for $100 Billion Investment…reports Asian Lite News Switzerland has ratified the Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade

Jaishankar Meets SCO Chief

Jaishankar is on a three-day visit to China to attend the Foreign Ministers’ Meeting of the SCO member states being held in Tianjin….reports Asian Lite News External Affairs Minister S. Jaishankar met

Jaishankar Bats for Better Ties with China

Jaishankar underlined the importance of open dialogue and the exchange of perspectives as essential between two major neighbours and economies….reports Asian Lite News External Affairs Minister S. Jaishankar, in talks with Chinese

UN slams resumption of Houthi attacks

In the first such incidents for more than six months, the Yemeni group seized and then scuttled two Liberian-flagged bulk carriers operated by Greek shipping firms, leaving four seafarers presumed dead and
Go toTop

Don't Miss

India votes in favour of Russia’s resolution against ‘glorification of Nazism’

The Third Committee of UNGA approved eight draft resolutions, including

EU panel denies interference in Zimbabwe’s electoral process

Several foreign observer missions and international organizations are observing the