focuses on Russian trade since 2014, when the country started to turn away from the West and
increase its exposure to China. Podcast host Alex Gabuev is joined by Tatiana Flegontova and Dr.
Changes in foreign trade — the backbone of economic prosperity for Putin's
Russia — reflect the giant shifts in Moscow's relations with the outside world. Five years after
the annexation of Crimea, Russia is moving away from the West and trading less with the EU,
while increasing the share of its trade with Asia, in particular with China. Alex Gabuev, a
senior fellow and chair of the Russia in the Asia-Pacific program at the Carnegie Moscow Center,
examines the implications of this for Russia, the EU, and the Eurasian Economic Union with
podcast guests Tatiana Flegontova, deputy head of the Institute for International Economics and
Finance, and Dr. Janis Kluge, a senior associate at the German Institute for International and
Security Affairs and a EUREN member. This podcast is part of the "Russia-EU: Promoting
Informed Dialogue" project, supported by the EU Delegation to Russia and run by Carnegie
Moscow Center. Dr. Janis Kluge took part in the 11th
EUREN meeting dedicated to Russia and the EU in multilateral fora.