IP- The Russian economy is small compared to the other major geopolitical players, EU foreign policy chief Josep Borrell said in an interview with El Pais news outlet published on Saturday.

Iran PressEurope: Regarding relations between the EU and China, Borrell said that Beijing, unlike Moscow, is a “real geopolitical player” that should not be underestimated or isolated. Russia, on the other hand, is too weak in economic terms due to its dependency on energy exports.

“Russia is an economic dwarf, it is like a gas pump whose owner has an atomic bomb,” Borrell stated.

Nevertheless, the diplomat claimed that Russia poses a threat to EU security, pointing to the conflict between Russia and Ukraine, which he said is practically “on the EU’s border.”

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