Putin to Meet German Business Representatives This Week

Russian President Vladimir Putin will meet with representatives of German business in Sochi on December 6, Presidential spokesman Dmitry Peskov told reporters, according to RIA Novosti.

Peskov was responding to a request to confirm a previous statement by Executive Director of the German Eastern Business Association Michael Harms.

“I can confirm this,” Peskov said. “A traditional meeting that German businessmen are looking forward to,” he added.

The Kremlin representative added that German business is widely represented and valued in Russia. 

“Just like for businessmen from other countries, the most comfortable working conditions are created for them [businessmen from Germany], and entrepreneurs themselves have plans to expand their business,” Peskov said. “All these issues will be discussed with President Putin,” he concluded.

Harms told reporters in Berlin that leaders of more than 20 companies from Germany will come to a meeting in Sochi.

Another German business association, the Russian-German Chamber of Commerce (AHK), said earlier this year that German investment in Russia grew to over 3 billion euros ($3.3 billion) in 2018, the highest figure since the 2008 financial crisis.