In 2015, trade between Russian the EU fell by 40%

According to preliminary data, in 2015, the goods turnover between Russia and the European Union decreased by 40% as compared to 2014 to $230billion, the First Deputy Head of the Ministry of Economy of Russia Alexei Likhachev stated.

"Valuation roll is very noticeable, clearly showing that, along with other economic groups, namely the European Union suffered the greatest losses in trade with Russia. In figures, this is the fall from $417 billion in 2013 to $230 billion by the end of this year," - he said.

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