Die Zeit: Germany restores commercial ties with Russia

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Die Zeit: Germany restores commercial ties with Russia
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Russian economy is recovering after two years of recession and German entrepreneurs positively assess the prospects of trade cooperation with Moscow, Die Zeit newspaper reports on Friday.




According to the Russian-German Chamber of Commerce, for the first two months of 2017, the trade turnover between the two countries has increased by 43% compared to the same period last year, and reached 6.7 billion euro. The majority of German businessmen doing business in Russia expect further profit growth.

Chairman of the Chamber’s Board, Matthias Shepp, noted that businessmen working on the Russian market felt that effect and their businesses was taking off again. Their optimistic attitude is associated primarily with the gradual recovery of Russian economy.



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