EU enlargement might put Russian trading under pressure

EU enlargement might put Russian trading under pressure

A recent study by the Centre for Economic Researh determine that the enlargement to take place in the EU next year, to the east of the Europe will lead to Russia face a series of new trade barriers in steel trading. This situation might leave Russia in a more dependent state on oil exports. Eight of the ten candidates to join the EU in 2004 are central or eastern European states which were either former Soviet Union members or allies. According to the study, the new anti-dumping measures to be faced by Russia are estimated to be around 16-21% in Hungary, 5-7% in Poland, 9-17% in Czech Republic, 23% in Slovenia, and 2-9% in Estonia.