With the President of the European Commission Jean-Claude Juncker attending the conference (despite resistance from the U. and some European countries), one of the key topics of discussion is the current crisis in the relationship between Moscow and Brussels and whether it is possible to find a way out of this confrontation that is hampering both sides’ economies.
“The price we pay is high,” says Rainer Seele, chairman of the executive board and chief executive officer of OMV AG, president of the Russian-German Chamber of Foreign Trade, and one of the participants of the Valdai Discussion Club meeting at the Forum.
To make a revival of cooperation possible, it’s necessary to rebuild mutual trust, Seele suggested.
“We have seen in the past 45 years, [dating back to] when we signed the first contract, Russia was always a reliable supplier of gas,” Seele noted, stating that Europe needs more gas from Russia and the rebuilding of the relationship is vital for both countries.
The pair won the Russian Junior title and then bronze at Junior Worlds in 2010.