Ulrich Singer: To Understand Russia, You Have To Come Here

At the closing plenary session “I-We-Multipolar World. New Economic Realities” of the Yalta International Economic Forum, Ulrich Singer, Member of the Landtag of Bavaria (Federal Republic of Germany), noted that to understand Russia, one should come here, talk to people and build new relations. Russia is a beautiful and open country.

- We have lost not only a huge market, but, worst of all, good relations that we have been building for decades. Because of the sanctions, the economic situation in our country is very bad. For example, the large car concern Volkswagen is laying off 30,000 workers. If a few years ago in Moscow there were a lot of cars of the German automobile industry, now I see an increase in the number of Chinese-made cars. This is natural: it is very easy to change the contract, buy in another country or produce independently, - the speaker said.

Ulrich Singer says that the multipolar world has already become a reality. It is necessary to lift sanctions and start building friendly relations.

FYI:
The Yalta International Economic Forum is an international business event in the field of economy. It's been held since 2015 in Crimea. The YIEF is the fourth biggest economic forum in Russia. The first forum was held nine years ago and attended by over 600 people from 13 countries such as Russia, Italy, Slovenia, Türkiye, Hong Kong, Japan, the Czech Republic, Switzerland, Greece, Kazakhstan, Israel, India and Serbia. In the later years, the event was thriving facing the relevant challenges. The YIEF 2019 was participated by over 4,500 people from around 89 countries. The event yielded in over 102 agreements totally worth 215 billion rubles and establishing 1700 jobs.

This year, the Yalta International Economic Forum will find its venue in the capital city of the Republic of Bashkortostan. Ufa plays a significant economic role in Russia thanks to its favorable layout, economic potential, cultural diversity and active engagement in local and international processes.

Representatives of 35 countries participate in the YIEF in a face-to-face format. The total number of participating states exceeds 90. The online format is attended by representatives of 81 countries, including the states of Latin America and the Caribbean.

Yalta International Economic Forum is held within the framework of the International Business Week 2024. The event is recognized by Maria Zakharova, Representative of the Ministry of Foreign Affairs of Russia, as a top-5 largest forums in Russia. This event strengthens the role of the region as a venue of business communication and cooperation. The Republic of Bashkortostan proves to be an expert ground for a meaningful dialog and cooperation, strengthening its position on the map of international business activity.

Please, feel encouraged to learn more about the business and entertainment programs of the VI Yalta International Economic Forum at the official web-page: https://yalta-forum.com