EU enlargement: A new era in Latvian-Russian economic relations?
June 22, 2004 at 2:40 pm, No comments
Alf Vanags, BICEPS
The EU enlargement that takes place on 1st May 2004 will usher in a completely new framework for Latvian-Russian economic relations, perhaps even a new era This new framework will be defined by two related characteristics:
- Latvia will adopt the EU common external tariff and adhere to the EU's common commercial policy
- Latvia will be integrated fully (eventually) into the EU Single Market
The aim of this presentation is to explore the implications of these changes for Latvian- Russian economic relations. This must also be seen in the context of the development of Russia's own international economic relations eg Russia's path to the WTO.