Sanctions, accepted from the side of the international community because of the Crimea annexation , seem to have no significant influence on Moscow.
To such conclusion came Sergej Cheremin, the Head of the Moscow Foreign economic and international relations Department n the frame of talks, dedicated to the real estate Fair Expo Real in Madrid.
According to his statements numerous western companies are active in Moscow. Among the biggest investors in the region belong Siemens, ABB, Schneider Electric and the producer of building materials Knauf. In Russia there are present more than 6.000 German companies. Furthermore Moscow actively cooperates with many European, Asian and American companies.
The Minister has an optimistic view regarding the medium term future and expects even a more intensive Moscow cooperation with international partners, especially with European regions and countries.
