Wednesday, October 13, 2010

German Investments In Russia Increased By $5.8 Billion In I Half Of 2010

German investments in the Russian economy in the I half of 2010 increased by $5.8 billion and accounted for about $23 billion, Prime Minister Vladimir Putin said at a meeting with President of Germany Christian Wolf.

Head of Russian Government noted that Germany is one of the main trade partners of Russia. During the crisis bilateral trade volume decreased, but now recovered quickly and has almost reached pre-crisis level.


Putin added that the German economy has also been successfully recovered after the crisis, thanks to measures taken by the Government. "For us it is very important, considering the large amount of our economic ties," - he said, noting that in Russia there are almost all large German companies, and Russian orders with German manufacturers are measured in tens billion Euro. "We have big joint projects", - Putin said.


In turn, C. Wolfe, said that Germany's great hopes are on the Russian economy. He would like to discuss a range of international issues, including financial regulation, climate protection and the fight against terrorism, and would like to know as the head of the Russian government sees the future development of Russia.

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