mo4ch:>Dollar-free business: German companies in Russia call for an alternative to US payment system | Mo4ch News

Washington’s anti-Russia policy proves to be ineffective, according to German companies doing business in Russia. But they say they are facing increased difficulties due to the sanctions regime.“The new US sanctions are clearly aimed at providing the US with economic advantages, including at the expense of European companies,”said the chairman of the German-Russian Chamber of Commerce Matthias Schepp. He has presented the results of the 16th survey on the business climate in Russia. The survey was conducted by the chamber and the German Eastern Business Association (OAOEV).“It's time for Russia and Europe to start looking together for a way out of the sanctions regime,” said Schepp.Also on rt.comEU lost over €100bn because of its own anti-Russia sanctions – LavrovTwo-thirds of German companies doing business in Russia back the idea of setting up a dollar-free alternative payment system, according to Michael Harms, the executive director of the German Committee on Eastern European …