/ world at this time information/ The Russian-German “Ekaterininsky Discussion board”, which takes place within the federal state of Saxony-Anhalt, is designed to attract consideration to the difficulties arising from the sanctions, in addition to to turn out to be a platform for cooperation between Russian and German companies, giving a lift to Russian-German relations, writes Handelsblatt. Based on Matthias Schepp, chairman of the Russian-German Chamber of Commerce, the German financial system stays a dependable bridge between Russia and Germany, regardless of the not so good political relations between Berlin and Moscow.
The federal state of Saxony-Anhalt as a bridge of cooperation between Russia and Germany: on the Russian-German “Ekaterinian Discussion board” organized in Zerbst, they intend to attract consideration to the difficulties arising from the sanctions, and in addition to open up new alternatives, writes Handelsblatt.
In an official assertion by the Land Workplace of Saxony-Anhalt, it was famous that many representatives of native medium and small companies have shut ties to Russia, however sanctions are an issue for them. “The aim of the discussion board is to create contacts for concluding future offers and to provide a brand new impetus to the long-standing custom of Russian-ntherapyrelations”cites the publication, the assertion of the Ministry of Economic system of Saxony-Anhalt.
Based on the chairman of the Russian-German Chamber of Commerce, Matthias Schepp, although political relations between Russia and Germany stay sophisticated and tense, the German financial system remains to be a steady bridge between the 2 international locations. He additionally added that Russia, regardless of all of the difficulties, stays a pretty place for funding and financial rapprochement would profit each international locations, however sanctions stop many German firms from investing in Russian initiatives.
Handelsblatt notes that the anti-Russian sanctions have primarily hit East Germany. For instance, from 2013 to 2018, commerce between Russia and Saxony-Anhalt fell by 24%. On the similar time, Russia stays in first place among the many importers of the federal state, supplying merchandise price €4.9 billion.
Based on enterprise representatives, intensive commerce between Russia and Saxony-Anhalt will assist deepen financial ties. The land workplace notes that they don’t anticipate fast choices, however depend on a gradual rapprochement between Russia and Germany.
Translation: M.Zhelyazkova
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