Leitl Welcomes Medvedev's Idea for a European-Russian Economic Area

People ♦ Published: January 28, 2011; 10:03 ♦ (Vindobona)

Closer cooperation between the EU and Russia would "stabilize economic and social development". Austria's foreign trade with Russia is flourishing.

Leitl Welcomes Medvedev's Idea for a European-Russian Economic Area / Picture: © Vindobona.org

The President of the Austrian Economic Chamber, Christoph Leitl,welcomed the President of Russia’s, Dmitry Medvedev, of a common European-Russian economic space at the 41st World Economic Forum in Davos: "The European Union and Russia complement each other in a meaningful way in many areas. Russia was and is a natural partner; closer cooperation would promote still more…