Germany, Russia to ink multibillion deals
Updated: 2010-07-15 14:42
(Agencies)
YEKATERINBURG, Russia: German Chancellor Angela Merkel and Russian President Dmitry Medvedev are expected to oversee the signing of an array of deals between German and Russian companies worth billions of dollars.
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Siemens earlier sold eight trains to Russian Railways which are now running between Moscow and St. Petersburg in Russia's first high-speed train route.
Germany is Russia's major trading partner with the trade between two countries topping $15 billion in the first quarter of the year.
Merkel and Medvedev are also expected to discuss Russia-EU relations and international issues including Iran's nuclear program.
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