Half of All German Business Is Affected by Russia Sanctions
Michael Harms, chairman of the Russian-German Chamber of Commerce says
YEKATERINBURG, December 9 (TASS) - More than a half of German entrepreneurs are affected by Western sanctions against Russia and Moscow’s retaliatory measures, Chairman of the Russian-German Chamber of Commerce Michael Harms told an energy forum on Tuesday.
Meanwhile, three-fourths of German business representatives consider the Russian market as promising, he said.
“However, 60% of entrepreneurs have felt the reverse effect of the EU’s sanctions against Russia and Russia’s retaliatory measures,” he said.
“This is very deplorable from the viewpoint of developing our cooperation,” the German business official said.
Also, 72% of German business people say that sanctions against Russia “are politically ineffective,” he said.
“Perhaps, today this theme does not sound to be very topical, considering the political situation, but this is an absolutely proper response to the challenges of the time.
If we manage to create such a free trade zone, a common economic space between the Eurasian Economic Union and the EU, this would give a gigantic impulse to our joint economic integration,” Harms said.
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