1、 NO.58(1975),8 APRIL 2022 PISM BULLETIN FrancoRussian Economic Relations in the Face of the War in Ukraine Amanda Dziubiska After 2014,France was pragmatic towards trade relations with Russia.Last year,it was the only one of the 10 largest EU partners in Russia to increase its trade turnover to the
2、level from before the sanctions were imposed.However,trade between the two countries remains low.France is the sixth largest supplier in Russia(third from the EU,with 3.5%market share),and in 2021,exports to Russia,the 15th largest market for France and the seventh outside the EU,amounted to 6.5 bil
3、lion,constituting only 1.3%of total exports.The value of imports from Russia(Frances 17th largest supplier)reached 9.7 billion,or 1.7%of total French imports.However,the most important for the development of economic relations are French investments in the Russian market.France remained the second l
4、argest foreign investor in Russia(after the UK and before Germany),and the biggest foreign employer with approximately 160,000 employees.There are more than 500 French companies operating in Russia,35 of which are listed on the main French CAC 40 index.Economic Cooperation Areas.Although France is m
