German business is concerned about weakening of EU economy due to sanctions - RDIF

TASS, 06.12.2019

Representatives of German business community noted at a meeting with Russian President Vladimir Putin that Europe is getting weaker economically without active cooperation with Russia, head of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev told reporters on Friday, He was speaking after Putin’s meetings with members of the Eastern Committee of the German Economy.

"Russia is more and more actively cooperating with China. Gas routes go to China and, accordingly, European business is undoubtedly concerned about this. The concept of Europe from Lisbon to Vladivostok was mentioned several times as a really very important concept because Europe is weakening without active cooperation with Russia," said Dmitriev.

According to him, at the meeting it was stressed that sanctions harm Europe in terms of competitiveness. The head of the RDIF noted that the European partners clearly understand this.

"It was an extremely positive, warm meeting. Of course, everyone recognizes that Europe is now at a significant risk of lagging behind the United States and China because of the sanctions that the United States imposed on them," Dmitriev said.