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The article describes the specific character of crossborder cooperation in EU policy. The main focus is on cooperation between the EU and Russia in the field of innovation. Karelia Cross-border cooperation program as well as Karelia and Finland cross-border cooperation process are analyzed. The growing cross-border business cooperation is emphasized. Recommendations for deepening cooperation in the innovation industry are proposed.

Cross-Border Cooperation of the EU and Russia for Innovative Development: The Case of Karelia