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Germany: "Asia push not meant to replace Russia's European trade" - Ulyukaev01:10

Germany: "Asia push not meant to replace Russia's European trade" - Ulyukaev

Germany, Stuttgart
November 26, 2014 at 07:31 GMT +00:00 · Published

Russia is "absolutely open for as maximum cooperation as possible" with the European Union, Russian Minister of Economic Development Alexey Ulyukaev said Tuesday in Stuttgart. His words came as he spoke at the "Perspectives on economic relations with Russia" conference.

Ulyukaev added that Russia's push to increase economic partnership in the Asia-Pacific region is not meant to replace European business, but to complement it. He also said such beliefs that Russia wishes to replace European business relationships with Asian relationships are "a myth."

Held in Stuttgart's Chamber of Commerce, the event was organised to discuss the current and future status of economic and trade relations between Baden-Wurttemberg and Russia, which organisers of the event say are facing a "severe endurance test" following the European Union imposing sanctions on Russia.

Germany: "Asia push not meant to replace Russia's European trade" - Ulyukaev01:10
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Russia is "absolutely open for as maximum cooperation as possible" with the European Union, Russian Minister of Economic Development Alexey Ulyukaev said Tuesday in Stuttgart. His words came as he spoke at the "Perspectives on economic relations with Russia" conference.

Ulyukaev added that Russia's push to increase economic partnership in the Asia-Pacific region is not meant to replace European business, but to complement it. He also said such beliefs that Russia wishes to replace European business relationships with Asian relationships are "a myth."

Held in Stuttgart's Chamber of Commerce, the event was organised to discuss the current and future status of economic and trade relations between Baden-Wurttemberg and Russia, which organisers of the event say are facing a "severe endurance test" following the European Union imposing sanctions on Russia.