Trump and Merkel discuss anti-Russian sanctions

MOSCOW, 28 APR — RIA Novosti. Germany, together with US authorities estimates the effect that has had on Russia’s new economic sanctions, said German Chancellor Angela Merkel at a press conference after meeting with U.S. President Donald trump

“We work very closely with representatives of the administration of the United States… to exchange views about what action they (sanctions — ed.) can provide”, — said the Chancellor.

In addition, she noted the similarity of the positions of Berlin and Washington on the issue of relations to the policy of Russia. “As for the controversy, the conflict with Russia, including Russia’s role in Syria, as a whole, there is unity with the US,” she said.

The threat to the economy of Germany

Earlier high-ranking source in the office of the Chancellor of Germany told reporters that the new U.S. sanctions against Russia can create problems for the German economy.

The source noted that German business is connected Russian businessmen and companies, against which Washington imposed restrictions.

As previously stated in the Russian-German chamber of Commerce, the loss of German companies in Russia because of U.S. sanctions could reach half a billion euros.

“The short-term losses in the current fiscal year are estimated by survey participants hundreds of millions of euros, and can be up to 377 million euros,” — said the Chairman of the Board of VTP Matthias schepp

According to The Wall Street Journal, the German government intends to ask the US to release a German company from participation in the sanctions against Russia. The publication notes that such an approach lobbying for German industrial giants, including Siemens, Daimler and Volkswagen, which do business in Russia.
New sanctions

In early April, the U.S. imposed new restrictions against Russia. In the sanctions list included a number of major Russian businessmen and companies controlled by them — in particular, Oleg Deripaska and controlled by En+ Group, “GAZ Group”, the Basic element and RUSAL, Viktor Vekselberg and his Renova group and Suleiman Kerimov, Kirill Shamalov, the head of “Gazprom” Alexey Miller, the head of VTB Andrey Kostin.

As stated in the American administration, these measures are not associated with specific events, but were a response “to the ongoing and increasingly shameless behavior trends of Russia in the world”.

Later, the us authorities said that they can lift sanctions against RUSAL, Deripaska if you abandon control of the company. Also, the Ministry of Finance has extended until October 23, a period during which American citizens and businesses have to close all contracts and terminate the interaction with the company.