US-Russia cooperation getting boost in high technologies

The Russian Minister of Industry and Trade Denis Manturov stressed at the annual meeting of the US-Russia Business Council in New York the importance of maintaining decent business ties with Washington. The senior Russian official expressed his hope that political controversies would not curb emerging opportunities for mutual cooperation.

Russia is set to develop business relations with the United States and hopes Washington will take a sensible approach to newly-suggested sanctions, Denis Manturov told on Thursday.

“First of all, we are interested in developing relations and business,” Manturov said. “Considering reciprocal measures constantly is not a fruitful occupation… but at the same time we expect that this will be a sensible approach, this should not affect the business…What is especially important Russia-US cooperation is getting stronger in the area of high technologies, particularly after the sanctions pressure,” the Minister stated.

Senior Russian official said that Western companies have felt the effect of sanctions against Moscow more vividly than Russian businesses.

“Our country was not the one that initiated the current complex situation. And it was not so much the Russian companies but Western businesses that felt the consequence of the sanctions,” Manturov noted.

Denis Manturov also expressed hope that the US-Russia Business Council (USRBC) would help the normalization of relations between Moscow and Washington.

“The USRBC is a very important venue for working on effective formats of cooperation between the businesses of our countries,” Manturov said. “It is a very important tool in light of the current geopolitical situation. And hence, the role of the Council is becoming even more significant because it is the economic area that remains the foundation for continued constructive dialogue between Russia and the United States.”

The Minister added that he had three meetings with Boeing, Ford and AB InBev at USRBC.