Medvedev seeking larger Russian investment presence in Germany
YEKATERINBURG. July 15 (Interfax) - Russia wants to increase its investment in the German economy, President Dmitry Medvedev said after Russian-German summit interstate consultations in Yekaterinburg.
"There is a certain misbalance - about $20 billion in accumulated German investment in Russia, and a lot smaller Russian investment in the German economy," Medvedev said.
"Of course, we would like our presence in the German economy to be more active. Most important, we have the desire and money for that," the Russian president said.
Hopefully, investment will be mutual, he said.
Medvedev said the investment climate and atmosphere are rather favorable in bilateral relations.
"I won't venture to say that our investment is not welcome in Germany, or that they are under a ban. There are countries in the European Union, with which we have much more problems," the Russian president said.