-->

mo4ch:>Russian economy strong & resilient thanks to Western sanctions – former French presidential envoy | Mo4ch News

The real economy of Russia is very strong and its business with Europe is “going good” despite all the sanctions, said Jean-Pierre Thomas, president of Thomas Vendôme Investment and France’s former presidential envoy.Talking to RT on the sidelines of the St. Petersburg International Economic Forum (SPIEF), Thomas said that many big companies worldwide, including French companies, want to invest in Russia. Businesses particularly want to invest in the agriculture sector, “to produce cheese, to transform cheese, to improve the supply chain,” he said.“Because you know thanks to these sanctions and the embargo, this sector in Russia is booming and is second after gas and petroleum, and before defense.”Also on rt.comEU lost over €100bn because of its own anti-Russia sanctions – LavrovThomas praised Russia’s economic forum for being organized very professionally and for being practical. He said that every year SPIEF allows direct dialogue with decisive people and businesses. “It is a good p…