Russia: Trade with EU «seriously affected» by politics — EconDev Minister Oreshkin

Russian Minister of Economic Development Maxim Oreshkin stated that «some political episodes seriously affected Russian-European economic relations», during a meeting between representatives of the European Business Association in Moscow on Wednesday. Comparing Russia’s trade between the EU, APEC and ASEAN countries, the minister said that statistics prove that the growth of mutual trade between... Еще Russia and EU is slower than that with the Asian nations. «These are certainly lost opportunities for the European business,» said Oreshkin adding that «European countries are frequently losing a share of the market and other opportunities, which the Russian market provides and will provide as it grows.» The minister noted as well that «despite various complicated situations in the political field» Russia has a «positive attitude towards foreign direct investment» and that the country's stance on that matter has «remained unchanged over the past few years.»

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