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Under West sanctions Russia seeks cooperation with Persian Gulf countries - minister

December 14, 2014, 15:07 UTC+3 MANAMA
Russia’s Minister of Industry and Trade Denis Manturov said during a meeting with Bahrain businesses on Sunday
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© ITAR-TASS/Mikhail Metzel, file

MANAMA, December 14. /TASS/. The sanctions, introduced by the U.S. and the European Union against Russia, will favour development of its cooperation with Persian Gulf countries, Russia’s Minister of Industry and Trade Denis Manturov said during a meeting with Bahrain businesses on Sunday.

“Western countries have introduced illegal sanctions against Russia, but this offers additional options. Thus, we are inviting you and we are ready to discuss the directions, which we used to have traditionally with Western countries,” the minister said.

“We shall discuss actively dialogues with countries of the Middle East, South-Eastern Asia, Latin America, we shall develop contacts which will be free from sanctions or political aspects. Economy should not depend on political aspects,” he said.

Persian Gulf countries will become a fantastic market for Russian transnational companies, head of Bahrain’s Economic Council Kamal Ahmed said adding the country’s private sector is ready to invest in Russia though requires more information about the country.

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