-->

mo4ch:>Nothing stopping Russian-German trade turnover's rapid growth | Mo4ch News

Trade turnover between Russia and its second largest trade partner, Germany, increased 8.4 percent and reached nearly €62 billion ($70 billion) in 2018 compared to previous year, according to the German trade lobby.Year-on-year imports from Russia to Germany expanded 14.7 percent, amounting to €36 billion ($40 billion). Export to Russia rose by 0.6 percent to €25.9 billion ($29 billion), the German-Russian Chamber of Commerce, which represents over 800 German firms, reported on Monday citing the Federal Statistical Office.Also on rt.comSiberian discount chain wins over German consumers challenging local giants Aldi & LidlThis is despite sanctions against Moscow and threats from the US to penalize German companies involved in the Russia-led Nord Stream 2 pipeline project.“German business has successfully increased exports to Russia despite the market difficulties, sanctions and counter-sanctions. This has also improved our expectations for 2019,” the chairman of the German-Russian …