MOSCOW, March 17 - No significant decrease in trade relations between Russia and the European Union is expected in case the EU introduces sanctions against Russia following the Crimean referendum, Russian Economic Development Minister Alexei Ulyukayev said.

"We should be ready for risks and they are probably possible following March 17. But it appears to me that economic significance of these risks is not than global. To be honest, I do not expect some decisions, which would cast doubt on our trade turnover or largest investment projects," Ulyukayev said on air of the Rossiya 24 (Russia 24) TV channel on Saturday.