German eastern business lobby defends continued activities in Russia

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Portugal Últimas Notícias,Portugal Manchetes

The lobby group representing German businesses with interests in eastern Europe has defended the business activities of member companies in sanctioned Russia

There are a number of sectors “in which further economic activity is not only lawful but also legitimate,” said committee chairman Oliver Hermes on Tuesday.

Western companies have come under pressure to leave Russia, but the health care sector, including Germany’s Bayer, has not pulled out completely because medicine and medical devices and equipment are considered necessary for humanitarian reasons and are excluded from sanctions.

 

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