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Russo-German business conference
Two ideal partners have found each other today, Wolf Bernotat, board chairman of E.ON AG, said summing up the results of the Russo-German business conference. The ideal partner is Gazprom, which signed a memorandum of understanding with E.ON at the President Hotel on Thursday evening. President Vladimir Putin and Chancellor Gerhard Schroeder attended the ceremony, which included the signing of two more documents: on strategic partnership between Siemens and the System joint stock financial corporation, and on the creation of a joint retail trade venture (worth nearly $500 mln). On Thursday, the Russian cabinet approved an intergovernmental agreement on simplifying reciprocal travel for Russian and German citizens, which was drafted on the instructions of Putin and signed in Berlin on December 10, 2003. The document is designed to create favourable conditions for facilitating and simplifying youth exchanges and contacts between officials, businessmen, scientists, and workers in cultural, education and sporting spheres.
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