°
Ashburn

The trade representative talked about trade between Russia and Germany

Trade between Russia and Germany loses around 20 billion US dollars annually from the EU sanctions, said RIA Novosti trade representative of the Russian Federation in Germany Andrey Sobolev, commenting on the statement of the Eastern Committee of German economy.

Earlier Thursday, the Eastern Committee, which brings together German companies in Eastern Europe and the former Soviet Union, made a statement in connection with U.S. threats to impose sanctions against the project "Nord stream 2". Earlier, the US Secretary of state Mike Pompeo said that the state Department published recommendations in the framework of the law on counteraction to Russia through sanctions, including the document "Nord stream 2" and second thread "Turkish stream." These actions put at risk the us sanctions on investments and other actions associated with the Russian export gas pipelines.

"Nord stream 2" involves the construction of two pipelines with a total capacity of 55 billion cubic meters of gas off the coast of Russia through the Baltic sea to Germany. Against the project actively advocate USA, in the EU promoting its liquefied natural gas, as well as Ukraine and several European countries.

In the Eastern Committee of German economy he pointed out that "the United States violate free and fair competition and use sanctions without restrictions for the protection of their economic interests." There are cited the data, according to which the result, introduced in 2014, the EU sanctions against Russia the German-Russian trade was lost annually to almost 20 billion euros. The new sanctions "absolutely unacceptable", according to the profile of the Association.

"The loss of trade between Russia and Germany is estimated at an average 20 billion US $ annually in comparison with 2013", - said RIA Novosti in Berlin Sobolev.

He added that, according to FCS, with 2014 for six years, the decline in German-Russian trade compared to pre-crisis 2013. In particular, if in 2014, this decline amounted to 4.8 billion USD in 2015, he reached 29,1 billion. In 2016 and 2017, respectively, the loss amounted to 34.2 and 24.9 billion dollars, in 2018, the situation has leveled off, and fall to $ 15.2 billion. In 2019 there was a small setback, decline, compared with 2013, amounted to 21.7 billion dollars.

Sobolev also noted that, according to the FCS, 2017 in the trade turnover between Russia and Germany, again experienced growth compared to the previous year, it amounted to 22.7%. This trend continued in 2018 when the growth amounted to 19.5%. However, in 2019 the turnover again declined slightly - by 10.9%.

Relations between Russia and the West deteriorated in connection with the situation in Ukraine and around the Crimea, which reunited with Russia after a referendum on the Peninsula. The West is accusing Russia of meddling, have imposed sanctions, Moscow responded, took a course on import substitution and has repeatedly said that talking with her in language of sanctions counterproductive. Russia has repeatedly stated that it is not a party to the conflict in Ukraine and the subject of the Minsk agreements on the settlement.