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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.

Other important areas of cooperation the ambassador have science and culture, which, according to him, there are many joint projects. The German ambassador in Moscow and Berlin, called the cultural co-operation as "one of the most powerful and meaningful bridges in the framework of German-Russian relations." To him, he took the Russian-German Year of youth exchanges, an exhibition of works of the Reformation artists - father and son Cranach the Pushkin Museum, "Hamburg Ballet" under the direction of John Neumeier, which took place in the Bolshoi Theater, concerts in Moscow, world famous German violinist Anne-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