Russia: Economic impact of a potential free trade agreement between the European Union and the Russian Federation

Description:

The aim of this study was to analyze the implications of a potential EU-Russia free trade agreement, exploring options ranging from shallow liberalization based only on the elimination of tariffs to a comprehensive FTA including harmonization of legislation and changes in domestic policy such as energy reform. The report includes a discussion on the present trade and economic EU-Russia relations, non-tariff barriers to trade and impediments to cross-border provision of services and foreign direct investment in Russia. The economic impact of various scenarios for an FTA are assessed based on a computable general equilibrium model. The report constitutes a comprehensive analysis of the likely impact of an EU-Russia FTA on the parties involved and their trading partners.

The final study,  Economic Feasibility and General Economic Impact of a Free Trade Agreement between the European Union and the Russian Federation was presented by representatives of the CASE team to the EC on July 7th, 2007.

For more information, please check the website of the Sponsor EC Directorate General for Trade.