Wednesday, April 6, 2016

Putin: Russia and Austria will strengthen cooperation – News Economy

This was announced by Russian President Vladimir Putin at a press conference after a meeting with Austrian President Heinz Fischer:

“In order to better address emerging issues agreed to intensify the work of the mixed Russian- . Austrian Commission on trade and economic cooperation Her regular meeting held recently, in February this year, in Moscow counts on the active role of business circles of the Russian-Austrian business Council, a tripartite business forum “Russia – Austria – Belarus”. We will continue to implement the Declaration on partnership for Modernisation, to promote the creation of a favorable business climate, deepening of industrial and technological cooperation. We agreed to intensify efforts to develop and launch a joint high-tech projects in the field of transport infrastructure, aviation, engineering, agriculture.

Even today, Russian investments in the economy of Austria exceed $ 22 billion. According to this indicator Russia ranks fourth in the Austrian market. In turn, welcome the willingness of investors from Austria to work more actively in Russia. Austrian business has invested in our country 8 billion. We are talking about a wide variety of sectors: woodworking, pulp and paper industry, chemical industry, construction

We are disposed to increase cooperation in the field of energy.. Recall that in 2018 will be 50 years since the start of gas deliveries from the Soviet Union to Austria, which was our first Western European partner in this field. Total over time put more than 190 billion cubic meters of natural gas.

All these years, Russia is a reliable energy supplier. Noting the progress made in the last year, the agreement between “Gazprom” and the concern OMV to participate in the implementation of the project “North Stream-2″, as well as an agreement on joint development of the Urengoy gas field.

April 1 in Saint- Petersburg companies signed a number of new instruments, in particular the supply of oil, and scientific and technical cooperation. Another landmark project – the creation with the participation of “Gazprom Export” underground gas storage facility in Austria, second in Europe in terms of working gas storage volume “

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