Large-scale combat readiness check kicks off in East SiberiaMilitary & Defense July 24, 11:47
Russia's new advanced corvette to take part in Sea Cup-2017Military & Defense July 24, 10:30
Russian first 3D printed satellite to go into spaceScience & Space July 24, 10:19
Kyrgyzstan was threatened with missiles for hosting US airbase, president saysWorld July 24, 9:56
IMF confirms recovery of Russia's economy in 2017Business & Economy July 24, 8:47
Russian Interior Ministry to control 13 more new psychotropics, drug-containing plantSociety & Culture July 24, 2:54
MAKS-2017 airshow yields contracts to over $6bln - Russian ministry of industry and tradeBusiness & Economy July 23, 23:48
Russian consumer rights watchdog chief names cities with highest HIV ratesSociety & Culture July 23, 21:41
Serbian filmmaker Kustirica says Crimea’s reunification with Russia is natural processSociety & Culture July 23, 21:40
“Of course, we have no such plans,” Ulyukayev said, in comments to media reports that Russia could introduce “blacklists” and nationalize the assets of German companies.
Speaking after the meeting, organized by the Stuttgart chamber of commerce and industry, Ulyukayev said such issues are the “echo of the notorious law on compensations from Western sanctions.”
VTB CEO Andrey Kostin said at the meeting, the German companies expressed concerns that Russia could nationalize the assets of foreign companies, including those from Germany, in response to Western sanctions.
Kostin said the business in Germany, Moscow’s most active trading partner, is currently facing problems over financing the exports to Russia while “the Chinese have no such [difficulties].”
Germany’s state-owned KfW development bank and other banks have refused to help in view of sanctions introduced not only by the European Union, but also the United States, he said.