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MOSCOW, June 24. /ITAR-TASS/. The latest actions of the European Union bring into question the strategic nature of its relations with Russia. The Foreign Ministry said this in a statement on Tuesday, timed for the 20th anniversary of signing the Partnership and Cooperation Agreement between Russia and the EU.
The EU’s refusal to continue working on a new framework agreement with Russia aimed to replace the current document was “regrettable”, it said.
“Preparation of the document designed to strengthen mutually beneficial ties in the interests of citizens and business circles of Russia and EU member states, has been stopped, contrary to the European people’s strategic interests,” the ministry said.
Diplomats noted that the agreement had laid solid foundations for mutually beneficial partnership across a range of issues and had brought bilateral relations to an entirely new level. The document had provided a legal framework to regulate trade and investment ties before Russia's accession to the World Trade Organization (WTO).
“We assume that the agreement remains a fundamental document for relations between Russia and the European Union,” it added. “Principles of partnership and co-operation enshrined in the agreement still serve as a beacon for relations between the Russian Federation and the European Union, also in the context of resolving the Ukrainian crisis.