31 Years of Italy-Russia Trade Relations (1991-2022). Energy and Business Ties from the End of the USSR to the invasion of Ukraine.

The purpose of this paper is to analyze trade relations between Italy and Russia, and in particular to trace the historical evolution of investments of Italian companies in Russian territory. To this end, the paper has been divided into three chapters. The first chapter analyzes the Russian economy and Italian investments since the collapse of the Soviet Union. The second chapter, on the other hand, examines Italian business investment in Russia after the Ukrainian invasion and the application of the first sanctions. Finally, the third and final chapter analyzes energy relations between Italy and Russia