The Russian Federation has been named the upcoming Partner Country for Hannover Messe 2013. This was announced on Thursday by Deutsche Messe and the Russian Federation's Ministry of Industry and Trade. Both parties expressed their conviction that Russia's participation as the Partner Country for Hannover Messe 2013 in Germany would offer important opportunities to intensify bilateral business and trade relations.
Dr. Jochen Köckler, Member of the Managing Board of Deutsche Messe AG, commented: "Russia is the ideal Partner Country for Hannover Messe 2013. The economic ties between Germany and Russia will continue to intensify and the potential for investment in the Russian market will exude a strong appeal to exhibitors and trade visitors."
The Russian Government regards Hannover Messe as one of the most representative events worldwide with regard to industrial as well as scientific and technical innovation. The Russian Federation's Minister of Industry and Trade, Denis Manturov, stated: "I am convinced Russia's participation as the Partner Country at Hannover Messe 2013 will provide a strong boost to Russian-German relations."
According to a survey by the Russian-German Chamber of Foreign Trade, German enterprises are planning to invest almost one billion euros in the Russian market over the course of 2012. More than one half of all German companies operating in the Russian market do not expect the euro crisis to have an impact on their business performance. The survey indicates trade with Russia might even compensate for losses incurred in the EU area. According to the Chamber, the positive economic trend in Russia has led to a rise in exports in the first five months of 2012.
"Following the crisis in 2008, numerous European enterprises are showing a greater level of interest in the Russian market. This is due, firstly, to the relative proximity of Russia and, secondly, to the long-term attractiveness of Russia as a customer for capital goods intended for the modernization of the domestic economy," Köckler explains.