Mutual trade turnover between Russia and Germany reached $ 105 billion


Mutual trade turnover between Russia and Germany in 2012 reached U.S. $ 104-105 billion, Minister of Economic Development Andrei Belousov at a conference in Germany.

"The volume of mutual trade turnover between Russia and Germany in 2012, according to preliminary data, amounted to $ 104-105 billion is a record for our bilateral trade," — said Belousov.

According to him, Russia has traditionally had close trade relations with Germany. "For 10 years — from 2001 to 2011. — Russia has risen in the hierarchy of export partners of Germany from 20th to 12th place on imports — from 16th to 7th place," — said the Minister.

German companies in 2013 are going to invest in the Russian economy of 800 million euros, said Monday the Chairman of the Eastern Committee of German Economy Rainer Lindner. "This shows that Russia is still a great location for investment," — said Lindner.

In January, together with the Committee of the Russian-German Chamber of Commerce conducted a survey of 135 heads of German companies operating in Russia. Among the respondents, 50% said improving the business climate in Russia over the past year, 83% expect the growth of the Russian economy in 2013

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