The economies of both states complement each other, Zeman said in an exclusive interview with ITAR-TASS on Friday.
“We need energy and you need trams, trolleybuses and buses,” he said.
“Cooperation between the Czech Republic and Russia is also based on the exchange of capital,” Zeman said.
However, he said the level of Russia’s investments in the Czech Republic was very low. “Russia invested only 0.3% in the Czech Republic. Why no investments are made in Karlovy Vary resorts and other areas?” Zeman said.
At present, “there are many chances for expanding cooperation” between the two countries, he said.
“There are no reasons for isolating Russia and imposing sanctions against it,” he said.
Commenting on the visa rules between the two countries, he said, “I’m confident that entry visas should be abolished for Russian citizens.”
“What’s such bureaucracy for?” Zeman said. He named visas as “excessive obstacles”.
“Unfortunately, most tourists only visit the Prazsky Hrad (Prague Kremlin) and Cesky Krumlov (a small city in the South Bohemian Region of the Czech Republic). There are areas that tourists do not visit at all,” Zeman said.
“It’s bad,” he added.