Friday, August 14, 2009

Merkel & Medvedev Met in Russia on ‘Strategic’ Economic Deals

"I believe that we need to use every chance that the global financial crisis offers to develop the Russian-German economic relations", stated German chancellor Angela Merkel today in Sochi, Russia.

Chancellor Angela Merkel met President Dmitry Medvedev today and both called for deeper economic ties amid talk of several major Russian-German industrial deals in the works.

Speaking to reporters as he greeted Merkel at his palm-lined residence on the Black Sea, Medvedev congratulated Merkel on news that Germany had emerged from recession and said Russia was working hard to do the same.

"We should think how, by strengthening our bilateral economic strategic ties, we could help our economies and people overcome consequences of this difficult global crisis and emerge stronger from it", Medvedev said.

Merkel replied that she had been "very happy" at yesterday’s German economic news and confirmed that her meeting with Medvedev -- their second in just a month, and third this year -- would centre on economic issues… Read more (by Ellen Hasenkamp, AFP)

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