Russian Foreign Minister Sergey Lavrov (Photo: AFP/VNA)

Lavrov recalled that previously Russia and the EU had joint enterprises, in particular, joint production of military equipment with Ukraine and the Baltic States.

“We would be ready to resume it but there are no guarantees that on a new stage of cooperation some Russophobes from the EU would not want to punish us, that they would not demand new sanctions," Lavrov said.