EU-Russia relations: Norway, Finland revive economic relations with Russia?

12:38 Dec. 1, 2016

Norway, Finland revive economic relations with Russia?

The Kremlin (UNIAN photo)

Economic and trade contacts were re-established for first time since Russia's aggression in Ukraine

Norwegian and Finnish officials met with Russian representatives to discuss economic cooperation, Financial Times wrote on Wednesday, November 30.

The contacts were established for the first time since the annexation of Crimea.

Read also: Russia purchases real estate in Finland for its invasion troops - media

Three Norwegian ministers and their Russian counterpart for natural resources held a meeting earlier this week and agreed to share seismic data in the search for Arctic oil near their common border.

‘Companies have been pushing us to have a political dialogue with Moscow for some time', a Norwegian government official said. 

The Finnish Trade Minister Kai Mykkanen also met with Russian deputy PM as a part of the trade commission of the two countries. The European sanctions against Moscow weren't discussed during the talks.

Finland has been among EU states to have kept close relations with Russia, with Presidents and Foreign Ministers of the two countries meeting regularly. 

Read also: Donbas elections not possible until Russia retreats – Norway

Mykkanen said ‘it was important to support the work of Finnish companies in Russia', at the same time warning against ‘over-interpreting' the revival of the trade commission.

'It's nothing so special and I wouldn't overstate the meaning of this,' Mr Mykkänen said.

Both the Finnish and Norwegian Ministers agreed to hold meetings in the future.

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