Germany could become a major center for the distribution of energy resources in Europe in the future, Russian President Vladimir Putin said.
"I would like to elaborate on the increasing interaction between Russian and German companies in the energy sphere," Putin said at a press conference in Dresden. "By all appearances, this avenue of cooperation
could be even more significant, which could turn Germany from simply a consumer of Russian gas and oil into a major center for the distribution of these products in Europe.
"This is our significant and substantial contribution to European energy security," he added.
Putin said German Chancellor Angela Merkel and he had discussed aspects of successful implementation of previous bilateral agreements at earlier negotiations.
"The implementation of projects in the energy, transportation, aircraft manufacturing, and automobile manufacturing sectors and also
infrastructural projects is being continued steadily," Putin said.
Russia and Germany have signed a number of documents on cooperation in the humanities area and the financial sector, Putin said. On Wednesday,
Russia and Germany will sign an interstate agreement on diplomatic real estate in Berlin. The same day, Russia will open a consulate general in Frankfurt.
Putin recalled that Russia repaid all its debt to Germany ahead of schedule in August.
"We have transferred 1.125 billion euro to Berlin," he said. "This is clear evidence of the fact that my country's economy is developing successfully and that Russia is a reliable partner for our principal
counteragents in Europe."
"I would like to elaborate on the increasing interaction between Russian and German companies in the energy sphere," Putin said at a press conference in Dresden. "By all appearances, this avenue of cooperation
could be even more significant, which could turn Germany from simply a consumer of Russian gas and oil into a major center for the distribution of these products in Europe.
"This is our significant and substantial contribution to European energy security," he added.
Putin said German Chancellor Angela Merkel and he had discussed aspects of successful implementation of previous bilateral agreements at earlier negotiations.
"The implementation of projects in the energy, transportation, aircraft manufacturing, and automobile manufacturing sectors and also
infrastructural projects is being continued steadily," Putin said.
Russia and Germany have signed a number of documents on cooperation in the humanities area and the financial sector, Putin said. On Wednesday,
Russia and Germany will sign an interstate agreement on diplomatic real estate in Berlin. The same day, Russia will open a consulate general in Frankfurt.
Putin recalled that Russia repaid all its debt to Germany ahead of schedule in August.
"We have transferred 1.125 billion euro to Berlin," he said. "This is clear evidence of the fact that my country's economy is developing successfully and that Russia is a reliable partner for our principal
counteragents in Europe."