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Sinichkina Maria EU-Russia Relations: Challenges and Opportunities for Russian Investors in the European Union’s Market Actuality of research The European Union and the Russian Federation have been trying to find a magic formula for stable relations and strategic partnership, based on foundation of mutual respect for many years. They are both close neighbors and not able to ignore each other. Russia is a large, dynamic economy for EU goods and services with considerable economic growth. At the same time the European Union’s market is by far one of the most important destinations for Russian investors, since Russia is the country whose goals are to move towards the market economy based on private capital investments and enterprise and to integrate rapidly into the world economy. So, the subject of this paper can be identified as EU-Russia relations, where the issue of investment reciprocity is determined by Russian and EU political leaders as one of the top priorities. Apparently both Russia and the European Union will benefit from the growth of foreign investments and trade operations. Indeed, there is an increased interest on behalf of Russian investors to the European market, but at the same time there are a lot of barriers that obstructing the development of contacts and cooperation at any level. That’s why the topic of the present research includes challenges and opportunities for Russian investment in the European Union. Thus, the thesis of this analysis can be worded as follows: European market contains enormous opportunities for Russian investment, but before taking advantage of them many obstacles should be eliminated. As for the significance of this research, it should be mentioned, that without mutual interest in the increase of investment flows, construction of the Russia-EU common economic space – the task which was declared in 2003 and since then defines the major policy imperative of all the sides seems impossible. So, the aim of this research is to induce investors to take steps towards cooperation, as it is considered to be one of the prerequisites for the platform of the future stability and integration of both sides. We know a lot about the immense opportunities for European investors in Russia and about the challenges, which trap them in the Russian market. But we can not say that the description of the EU market is exhaustive as it is not to some extent adequately explored. Russian investors could avoid many problems, connected for instance with antidumping or unfair competition, in case they were kept sufficiently informed of the ground rules. Unfortunately, there are few researches aimed at providing such information and raising possibilities for Russian investments. This reflects the novelty of the present. The relevance of this study consists in the fact that the analysis that will be carried out in this research is essential for deeper insight into the topic as a whole. It can be helpful for Russian investors as it will provide them with important data that is required for estimation of possible difficulties that they can face and for ascertainment of aspects that should be improved in order to meet the requirements of the European Union. So, this research can be practically applied by specialists interested in investing into EU market and who are going to start or expand their business there. In the light of the above, the general purpose of the paper is to analyze the most widespread mistakes made by Russian investors in the European Union’s market and try to find possible solutions: may be the foundation of a special independent moderator that will guarantee mutual support and observation of the ground rules, as the modern globalized world dissembles a lot of pitfalls.