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Czech economy has major reserves for Russian investments

Russian investments make only 0.8% from overall foreign investments in the economy of the Czech Republic

PRAGUE, June 6 (Itar-Tass) - The Czech Republic is interested in the attraction of foreign investments, including from Russia, Czech President Milos Zeman said at an international economic conference here on Thursday.

“Russian investments make only 0.8% from overall foreign investments in the economy of the Czech Republic. Therefore, Russia has major reserves in this issue,” he said.

The president also noted that “the economic crisis can turn out to be longer and deeper than many people expected.”

“The Czech Republic is interested in the development of trade with the BRICS states, as well as such countries as Vietnam, Mexico and Indonesia,” Milos Zeman said. “The expansion of trade does not mean that we want to limit the trade only with the markets in Russia or the United States,” the Czech president said in conclusion.

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