Russian ambassador claims billions of dollars in losses to Germany from sanctions
Germany's losses from the ideologically motivated course are estimated in tens of billions of euros. This was stated to "Izvestia" by the Russian ambassador in Berlin Sergey Nechaev.
"We are talking about both direct losses from the curtailment of foreign trade interaction, and about lost profits and the consequences of short-sighted steps for our own economy. The situation is eloquently illustrated by the persisting recession, largely due to uncompetitive electricity prices, creeping deindustrialization, the departure of industrial production and highly qualified personnel to foreign jurisdictions. We have repeatedly emphasized that Russia is open to the resumption of equal, constructive partnership with all participants of foreign economic activity, but will be guided primarily by national interests and the interests of its economic operators," the diplomat said.
At the same time, the Russian ambassador noted that despite threats and sanctions, only a small number of companies with German participation finally left the Russian market.
"The rest continued their activities in the previous format or announced the suspension of new projects. Some have handed over management to local management, retaining the right to buy back. This shows that the Russian market is still extremely important for Germans, despite the notorious primacy of politics over the interests of the national economy," the ambassador said.
Read more in Sergey Nechaev's exclusive interview with Izvestia:
"Tens of thousands of former SS members continue to receive social support from the FRG budget."
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