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Russian-German chamber of commerce opens in Moscow

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MOSCOW, December 14 (RIA Novosti) - The Russian-German Chamber of Commerce, which aims to establish direct contacts between Russian and German businesses, opened in Moscow on Friday.

At the opening ceremony, a Russian Deputy Economic Minister Anna Popova, cited Russian President Vladimir Putin as saying: "Russia and Germany successfully cooperating in political, economic and humanitarian areas, demonstrating examples of effective strategic partnership in the interests of people."

Germany is Russia's largest European trading partner. Russian-German trade in the last six years has increased three-fold, reaching a total of $50 billion in 2007.

In the first eight months of the year German exports to Russia grew 33.5%, year on year, German Economics Minister Michael Glos told reporters, adding that bilateral trade and economic cooperation "have not yet been exhausted."

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