Source claims OPEC and non-OPEC states finalizing results of meeting, agreement 'close'Business & Economy December 10, 17:07
Bloomberg: Non-OPEC states agree to cut oil production by more than 600,000 barrelsBusiness & Economy December 10, 16:22
More than 20 states that produce more than half of world's oil take part in OPEC meetingBusiness & Economy December 10, 13:05
Russian energy minister Novak sees 'no risk' OPEC agreement failsBusiness & Economy December 10, 12:43
Defense ministry organizes mass escape for Aleppo civilians via humanitarian corridorsWorld December 10, 12:38
Almost 18,000 civilians evacuated from areas of Aleppo controlled by militantsWorld December 10, 7:41
Russian swimmers win 11 sets of medals at FINA World Swimming Championships (25 m)Sport December 10, 7:00
Shiveluch volcano in Russia’s Far East spews ash to 11 km in airWorld December 10, 5:28
Ceasefire agreements enter into force near Damascus, in Idlib province ― mediaWorld December 10, 4:18
Sasse told visitors to Russia's exhibition at an international property and investment trade fair in this German city on Monday, “We have about 9,000 members in the Chamber of Commerce and Industry, and we all want the sanctions against Russia to be lifted, enabling business relations between our countries to develop further.”
Sanctions as a foreign policy tool do not always produce the desired effect, Sasse said. “Sanctions create uncertainty in business prospects. This is a political tool and not a business tool,” he added.
Russia has always been one of the market leaders in property investment, Sergey Cheryomin, a minister in the Moscow government administration and head of its Department for Foreign Economic Activity and International Relations, told visitors, noting Russia's traditional dominant presence at the exhibition and the lure of public-private partnership projects.
Bavaria is considered one of Moscow’s major trading partners. First exchanges of delegations took place at the end of the 1980s. In 1991, the two sides signed a cooperation protocol laying the foundation for future partnership between Russia’s capital and Germany’s largest federal state.
Priority areas of cooperation between Moscow and Bavaria include high technology and innovations, transport, medicine and medical equipment, nano- and biotechnology, culture, sports, and youth exchanges.