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“the government of Russia is many ambitious objectives: acceleration of economic growth to rates above the world, the implementation of large-scale national projects that form the huge domestic demand for almost all industries. Collectively, according to preliminary estimates, it will exceed 90 billion euros (6.3 trillion rubles – approx. “RG”)”, – he said.

According to Minister of industry and trade, the leading positions on the Russian market will take enterprises to develop their production and products in Russia. He also called on European businesses to establish closer cooperation with the Russian manufacturers. “We are certainly interested to foreign, including German businessmen felt on the Russian market the most comfortable,” he said.

Denis Manturov called the current Russian-German “industrial dialogue” is extremely rich and multifaceted, Recalling that 4.5 thousand German companies operating in the Russian market, has accumulated more than $ 20 billion of investments in Russia and almost 9 billion of Russian investments in Germany.

According to the FCS, in 2019, Russia’s trade with Germany amounted to 53,16 billion US dollars. The exports of Russian products in the $ 28 billion, imports 25,11 billion dollars. The share of Germany in foreign trade turnover of Russia in 2019, made up 7.98%. Share of Germany in the export of Russia – 6,6%, in imports of 10.3% (the second place among all countries).