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EU-Russia to reset ties at summit EU-Russia to reset ties at summit
(about 4 hours later)
European Union leaders are due to discuss key issues such as trade and energy with their Russian counterparts at a summit in Stockholm.European Union leaders are due to discuss key issues such as trade and energy with their Russian counterparts at a summit in Stockholm.
Moscow and Brussels are still rebuilding relations after falling out over last year's Georgia-Russia war.Moscow and Brussels are still rebuilding relations after falling out over last year's Georgia-Russia war.
The EU will also seek assurances there will be no repeat of last winter's disruption of gas exports to the West.The EU will also seek assurances there will be no repeat of last winter's disruption of gas exports to the West.
And Brussels wants to know if Russia is still interested in joining the World Trade Organization.And Brussels wants to know if Russia is still interested in joining the World Trade Organization.
The EU, which represents 500 million people, is Moscow's biggest trading partner and depends heavily on Russian gas. Moscow, meanwhile, is seeking more foreign investment.The EU, which represents 500 million people, is Moscow's biggest trading partner and depends heavily on Russian gas. Moscow, meanwhile, is seeking more foreign investment.
Mutual dependenceMutual dependence
The BBC's Dominic Hughes in Brussels says Russia's brief but violent war with Georgia still casts a shadow over relations with the EU, particularly those newer members from the old communist bloc.The BBC's Dominic Hughes in Brussels says Russia's brief but violent war with Georgia still casts a shadow over relations with the EU, particularly those newer members from the old communist bloc.
There is a level of mutual dependence - we depend on them for energy supplies and we are energy consumers for them Alexander Stubb href="/2/hi/europe/8364725.stm">EU seeks Russian energy boost There is a level of mutual dependence - we depend on them for energy supplies and we are energy consumers for them Alexander Stubb href="/1/hi/world/europe/8364725.stm">EU seeks Russian energy boost
But our correspondent says political reality means both sides have to move on.But our correspondent says political reality means both sides have to move on.
He adds that underlying the summit is a move towards a new EU strategic partnership with Russia, essentially giving the relationship an upgrade.He adds that underlying the summit is a move towards a new EU strategic partnership with Russia, essentially giving the relationship an upgrade.
Wednesday's talks are taking place in Stockholm because Sweden holds the EU's rotating six-month presidency.Wednesday's talks are taking place in Stockholm because Sweden holds the EU's rotating six-month presidency.
On Monday, Moscow and Brussels agreed to notify each other in advance of any problems affecting energy supplies, and to work together to fix them.On Monday, Moscow and Brussels agreed to notify each other in advance of any problems affecting energy supplies, and to work together to fix them.
A quarter of the gas consumed in the EU comes from Russia, most of it transported via Ukraine, which has often had fuel disputes with Moscow.A quarter of the gas consumed in the EU comes from Russia, most of it transported via Ukraine, which has often had fuel disputes with Moscow.
In January, Russia cut off gas supplies to more than a dozen European countries for two weeks, amid a row with Kiev.In January, Russia cut off gas supplies to more than a dozen European countries for two weeks, amid a row with Kiev.
Earlier this week, Finnish Foreign Minister Alexander Stubb said the EU needed to work closely with Russia.Earlier this week, Finnish Foreign Minister Alexander Stubb said the EU needed to work closely with Russia.
"There is a level of mutual dependence - we depend on them for energy supplies and we are energy consumers for them," he said."There is a level of mutual dependence - we depend on them for energy supplies and we are energy consumers for them," he said.
Russian President Dmitry Medvedev - who has arrived for Wednesday's summit - is said to have pleased EU officials with recent comments on modernising his country's economy.Russian President Dmitry Medvedev - who has arrived for Wednesday's summit - is said to have pleased EU officials with recent comments on modernising his country's economy.
Other issues expected on the summit agenda include global warming, security and Iran's nuclear programme.Other issues expected on the summit agenda include global warming, security and Iran's nuclear programme.