18072
Germans Want Russia to Rejoin G7
World Economy

Germans Want Russia to Rejoin G7

Russia should be invited to rejoin a summit of the Group of Seven industrial powers next weekend, the heads of two German business lobby groups were quoted as saying on Sunday.
The leaders of the G7 nations held a summit without Russian President Vladimir Putin last year in protest against Russia’s annexation of Ukraine’s Crimea region, Reuters reported.
With little sign of the fighting in eastern Ukraine ending despite a ceasefire deal agreed in Minsk over three months ago, the exclusion has continued for a second year running.
Eckhard Cordes, chairman of Germany’s Committee on Eastern Economic relations, which represents the interests of about 200 companies with investments in Russia, said barring Russia from the summit was a missed opportunity.
“A G7 meeting with Russia could contribute to solving crises and stir Russia into constructive steps in the Ukraine conflict,” Cordes told the Welt am Sonntag newspaper, adding it was always better to talk with each other than about each other.
Matthias Platzeck, chairman of the German-Russian Forum business lobby and senior member of the Social Democrats (SPD), also said it was time to invite Russia back to the G7.
German Chancellor Angela Merkel will host leaders from the United States, Britain, France, Canada, Italy and Japan at a Bavarian castle on June 7-8.
Last month German Foreign Minister Frank-Walter Steinmeier dismissed calls to invite Russia to the G7, saying it could not just be “business as usual” after the illegal annexation of Crimea.

 

Short URL : http://goo.gl/s7IDQ4

You can also read ...

Business confidence fell to its lowest level since August 2013 and around 7% of companies expected a contraction.
According to data from the International Monetary Fund in...
China Warned of Ballooning SOEs
Former chief of the World Bank Robert Zoellick cautioned China...
Shrinking unemployment in the US, Japan and the eurozone finally forces companies  to lift wages to retain and attract staff.
Workers in the world's richest countries are getting their...
Saudi Sovereign Fund Secures $11 Billion Loan
Saudi Arabia's sovereign wealth fund said Monday it had...
New Zealand Q2 GDP Growth Picking Up
New Zealand’s economic growth is expected to have accelerated...
Lira Eases Against Dollar
Turkey’s lira weakened against the dollar on Monday as...
By 2025 more than half of all current workplace tasks  will be performed by machines.
Robots will handle 52% of current work tasks by 2025, almost...
Myanmar Businesses Want Lower Taxes
Myanmar businesses are urging the government to lower the...

Trending

Googleplus