U.S. Anti-Russia Policy Fatal for Germany; Future is with BRICS
According to Sputnik, the chief economist of the German Bremer Landesbank, Folker Hellmeyer, said in an interview with Deutsche Wirtschafts Nachrichten, that blind adherence the U.S. anti-Russian policy by Germany and the EU has turned fatal for Germany.
“European countries, like Finland and Austria, who have strong developing businesses in Russia, place fewer orders within Germany. Moreover, the European corporations evade sanctions and create high-efficient production facilities in Russia. We, therefore, lose this potential capital stock, which is the basis of our prosperity, and Russia wins…I refer in this regard to Victoria Nuland, representative of the U.S. Interests Section in Eastern Europe. The fact is that during the coup in the Ukraine an oligarchy friendly towards Moscow was replaced by an oligarchy favorable to the U.S.”
The relationship of trust between Russia and Germany and the EU is somewhat broken. And it will take years to rebuild it. As a result, such companies as Siemens and Alstom have lost major projects in Russia, he said. The potential damage not only for Germany but for the whole of the EU, therefore, is much more comprehensive than what is being shown by current figures.
Meanwhile, Moscow, Beijing, and other BRICS capitals are looking forward to building the largest projects of the modern history: the construction of new Eurasian infrastructure from Moscow to Vladivostok, in South China and India.
Participation of the Western countries in these mega- projects looks quite uncertain, Hellmeyer said.
No problem in the world today can be solved without Moscow or Beijing, said the economist.
“The longer we pursue this policy in the EU, the higher is the price.”
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