Germany's trade deficit with Russia climbed to a record level of around 22 billion euros as a result, the group's executive director Michael Harms said. The plunge in exports to Russia was most visible in motor vehicles and automotive parts, as well as electrical engineering products, Harms added, while pharmaceutical products and agricultural machinery, sectors which have been excluded from European Union sanctions, remained the top exports.
As Brussels is preparing to hit Moscow with another round of economic sanctions over the situation in Ukraine, Austria’s former minister of foreign affairs. 14.12.2022, Sputnik International