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Softening of EU sanctions expected by Russian Direct Investment Fund in 2015

March 11, 2015, 17:57 UTC+3 MOSCOW
Despite the situation in the economy, Russian market is still important for Europe
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© EPA/GEORG HOCHMUTH

MOSCOW, March 11. /TASS/. The Russian Direct Investment Fund expects softening of European sanctions in 2015, RDIF head Kirill Dmitriev said on Wednesday at the InvestRos -2015 international conference.

"The business has clear understanding sanctions need to be abolished. The visit of the Italian prime minister last week [to Moscow - TASS] was highly important and therefore we believe European sanctions will be lowered this year," Dmitriev added.

Despite the situation in the economy, Russian market is still important for Europe, RDIF head added.

Infographics Economical sanctions against Russia Economical sanctions against Russia
The USA, EU, Canada and Australia have introduced sanctions against Russia over its involvement in the Ukrainian crisis. Infographics by ITAR-TASS

 

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