President of Russia
  • Events
  • Structure
  • Videos and Photos
  • Documents
  • Contacts
  • Search
  • Search this website
President of Russia
Mobile version

President's
website
sections

  • Events
  • Structure
  • Videos and Photos
  • Documents
  • Contacts
  • Search
  • Search
  • For the Media
  • Subscribe
  • Directory
  • Version for People with Disabilities
  • Русский

President's
website
resources

  • President of RussiaCurrent resource
  • The Constitution of Russia
  • State Insignia
  • Address an appeal to the President
  • Vladimir Putin’s Personal Website

Official Internet Resources
of the President of Russia

  • Telegram Channel
  • Rutube Channel
  • YouTube Channel

Legal
and technical
information

  • About website
  • Using website content
  • Personal data of website users
  • Contact website team

All content on this site is licensed under

Creative Commons Attribution 4.0 International

Presidential Executive Office2025
Events

President Vladimir Putin and Gerhard Schroeder met with representatives of Russian and German business communities

October 9, 2003
09:45
Yekaterinburg
Before a meeting with Russian and German businessmen President Putin and German Chancellor Gerhard Schroeder, accompanied by Governor of the Sverdlovsk Region Eduard Rossel, looked at a collection of souvenirs made by Urals artisans from precious and semi-precious stones.
Before a meeting with Russian and German businessmen President Putin and German Chancellor Gerhard Schroeder looked at a collection of souvenirs made by Urals artisans from precious and semi-precious stones.
President Putin with German Chancellor Gerhard Schroeder at a meeting with Russian and German businessmen.
President Putin with German Chancellor Gerhard Schroeder at a meeting with Russian and German businessmen.

In his speech Mr Putin confirmed that the relations between the two countries had a strategic character because they pursued long-term goals.

Germany remains Russia’s main foreign trade partner outside the CIS, the President said. He cited some statistics: mutual trade in the first half of 2003 amounted to 12 billion euros and in 2002 to 24.3 billion euros; German investments in Russia account for more than 17% of the total volume of investments.

Mr Putin expressed hope that the Russian businessmen who wanted to work in the Russian market will have the German government’s support. He said that there were over 2,000 companies with German participation in Russia today. Russian businessmen are willing to create new production cooperation schemes and invest their capitals in them, he noted.

The President also spoke in favour of expanding cooperation in science-intensive areas calling for broader regional cooperation.

During the discussion Mr Putin drew attention to the fact that energy issues were among the main obstacles in the negotiations with the European Union on Russia’s accession to the WTO. In connection with this, he stressed that the Russian economy cannot instantly switch to world energy prices as the EU wants it to. Such a radical change threatens an economic collapse.

Mr Putin stressed that Russia’s internal energy prices should approach world prices gradually, and the issue should not be discussed as part of Russia’s accession to the WTO but in a bilateral dialogue with the EU.

See also

Speech at a Meeting with Representatives of Business Circles of Russia and Germany
October 9, 2003
Russian-German Intergovernmental Consultations
October 8 − 9, 2003

Publication status

Published in section: News

Publication date: October 9, 2003, 09:45

Direct link: en.kremlin.ru/d/29512

Text version

Text
4
Photo

Share
Direct link
http://en.kremlin.ru/events/president/news/29512
Share
  • VK
  • Telegram
  • Ok
  • Send by email
  • Print
Send by email

Official Website of the President of Russia:

President Vladimir Putin and Gerhard Schroeder met with representatives of Russian and German business communities

http://en.kremlin.ru/events/president/news/29512

Last updated at March 20, 2015, 17:59

Официальные сетевые ресурсы

Президента России

Official Internet Resources

of the President of Russia

Русский Английский
  • For the Media
  • Version for People with Disabilities
  • Telegram Channel
  • Rutube Channel
  • YouTube Channel
  • Website of the President of Russia
  • State Insignia
  • Address an appeal to the President
  • Vladimir Putin’s Personal Website
  • Putin. 20 years

Presidential Executive Office
2025