VECTOR OF THE EU AND RUSSIA INTEGRATION IN THE SUSTAINABLE DEVELOPMENT

Throughout history, Russia and the EU have always been the key players in the region. However, even though both sides have a massive historical and geographical background, there is still no effective model of RU-EU integration. Furthermore, the power and wealth centers are rapidly moving towards APEC these days, which is a matter of crucial importance for the partners, as Europe loses its positions. The paper includes the number of suggestions about the RU-EU integration, with an emphasis on: previous integration experience, creation of institutional basis, synchronizing the standardization systems, innovation and scientific researches coordination. Moreover, the work also contains the list of possible measures in the fields of energetic trade, CIS policies, with the in-depth analysis of reasons, why the integration is essential for both the Russian Federation and the European Union.