(VOVworld) – Vygaudas Ušackas, head of EU's delegation in Russia, told the Russian TV channel “Dozhd” on Wednesday that as important economic partners of each other, both EU and Russia are concerned about the abolition of sanctions towards normalization of relations.

(Photo: Sergey Konkov/TASS)

The EU ambassador said the bilateral trade ties are the most important with currently 5% of foreign investment capital in Russia coming from EU member countries.

He noted that although the EU is developing an energy alliance and keen on various sources of energy, all the acts are not against Moscow or Russian energy giant Gazprom. These are for EU consumers.