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23.12.2016 - 17: 07

Ambassador of Germany: German companies want to invest in Russia, despite sanctions

The willingness of German investors working in Russia remains high, despite sanctions, the volume of investments from Germany to Russia in the first half of 2016 year 50% higher than in the corresponding period last year, said in an interview with the newspaper "Moskovsky Komsomolets" German Ambassador to Russia Rudiger von Fritsch.

As the ambassador noted, despite the fact that under the sanctions investors from Germany is quite difficult to work in Russia and the number of investor companies has decreased, yet the desire to invest in Russian projects remains consistently high.

"Nevertheless, the willingness to invest in Russia remains consistently high. And in 2016, the level of investment reached indicators, which was not observed for a long time. Investment on the basis of sum of the year is much higher than for the previous few years. According to the Federal Bank in the first half of the year 2016 the volume of direct investment from Germany was 50% higher than in the corresponding period of 2015 years ", - said von Fritsch.

Also, the Ambassador highlighted science and culture as important spheres of cooperation, where, he said, there are many joint projects. The German ambassador called the cultural cooperation between Moscow and Berlin "one of the most powerful and meaningful bridges within the framework of German-Russian relations." He referred to him the Russian-German year of youth exchanges, the exhibition of works by artists of the Reformation era - the father and son of Cranachs in the Pushkin Museum, the Hamburg Ballet directed by John Neumeier, which took place at the Bolshoi Theater, concerts in Moscow by the world-famous German violinist Anna Sophie Mutter.

"Very impressive for me was the opening of" Chapel of Peace "German and Soviet soldiers in the soldiers' cemetery in Rossoshka near Volgograd, where buried this event, we emphasized our commitment to the shared memory duty and save the world." - He said, adding that the difficult yet It is cooperation in the sphere of civil society.

Russia and the West have deteriorated over the situation in Ukraine. The EU first imposed individual sanctions against individuals, and then the sectoral restrictive measures that affect entire sectors of the economy. In response, Russia restricted food imports from the EU states. Since then, the EU sanctions were extended on a regular basis, the last time - before the end of January 2017 years.

A source: RIA News

Tags: Germany, Economics, Russia, sanctions, investing, Ambassador