ANNO XVIII Aprile 2024.  Direttore Umberto Calabrese

Sabato, 11 Luglio 2015 01:14

Russia to expand business exchanges with Italy

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Naples  - The effects of sanctions imposed on Russia following the Ukrainian crisis" have not yet caused disaster" from the business standpoint, though the latest figures "do indicate a non-positive trend".

Speaking during the inauguration of the Russian consulate in Naples, Russia's Ambassador to Italy, Sergey Razov, talked of reasons for concern and requests to stop the policy of sanctions. "Trade between the two countries has fallen 10 percent since last year, and in the first five months of 2015, it dropped 30 percent. The radical solution would be to abolish sanctions, which would lead Russia to cancel its countersanctions that are "the consequence of actions pursued by EU countries." The Ambassador envisages a further solution to mitigate negative factors, namely "the transfer of Italian production to Russian territory". "Businesses that have already taken this forward stride have earned twice the amount they made in recent years as prices have changed, with the rise of the euro against the ruble, and Russian labour, raw materials and energy costing less in the Federation, " said the Ambassador.(AGI)
 

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