Pashkovskaya I.G. The importance of signing the TurkStream pipeline agreement for the development of trade and economic relations of Russia with Turkey and other countries of Southeastern, Eastern and Central Europe

Abstract: The research subject (object) is the prospects of development of trade and economic relations between Russia and the countries of Southeastern, Eastern and Central Europe on the base of Russian natural gas export via the TurkStream project. The author considers such aspect of the topic as the impossibility to realize the South Stream project in the countries of Southeastern Europe. Special attention is given to the complicated two-year’s path to signing the TurkStream pipeline agreement between the Governments of the Russian Federation and Turkey in the presence of Russian President Vladimir Putin and the President of Turkey Recep Tayyip Erdoğan. In order to carry out a comprehensive study and obtain full and objective results, the author applies the historical, logical, comparative and analytical methods of cognition and the methodology of system analysis, structural and functional analysis, modeling and prognostication. The paper is a comprehensive innovative study, based on the idea of the prospects of interrelations between Russia and Turkey and other European countries in the gas transportation sphere. The author comes to the conclusion that the TurkStream pipeline agreement symbolizes the new stage of Russia-Turkey relations and expands the horizons of mutually beneficial cooperation of Russia and Turkey in the trade and economic sphere. 

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