Czech Foreign Ministry Discussing Creation Of Business Center In Russia - Official
Umer Jamshaid Published June 14, 2021 | 05:10 PM
PRAGUE (UrduPoint News / Sputnik - 14th June, 2021) The Czech Foreign Ministry is considering establishing a business center in Russia, where the country's companies will be able to showcase their products and conduct negotiations, the head of the ministry's economic policy department, Marek Svoboda, has said.
According to the newspaper Hospodarske Noviny, the foreign ministry plans to allocate 200,000 Euros ($242,000) for the initiative, which will support Czech companies that are affected by the diplomatic row between the two countries. The center is expected to start functioning in Moscow this fall.
"We are negotiating with the [Czech] Chamber of Commerce and the Union of Industry and Transport, which came forth with the idea to create a business center in Russia itself, following the example of Germany or Austria," Svoboda told the newspaper.
In mid-April, Prague accused Russia's special services of involvement in the 2014 explosions of Vrbetice ammunition depots � allegations that Moscow denied � and went on to expel 18 Russian diplomats. Russia responded by declaring 20 Czech diplomats personae non gratae.
Recent Stories
Robinson, bowlers help New Zealand go 2-1 up against Pakistan
Shahzeb Chachar to hold khuli kachehri on April 26
Heatwave amid Israel's aggression in Gaza brings new misery, disease risk
Tourism must change, mayor says as Venice launches entry fee
Court adjourns Judicial Complex attack case till May 17
Nasreen Noori’s book ‘Popatan Jahra Khwab’ launched
Wafaqi Mohtasib inspection team visits Excise and taxation office
AJLAC announces 5th Conference titled ‘People’s Mandate: Safeguarding Civil ..
Pak-US officials engage to enhance trade, investment ties
IBCC to promote educational excellence, expand regional presence
Pakistani 'Blue Helmets' serving UN Peacekeeping Mission in DR Congo set to leav ..
Putin says plans to visit China in May
More Stories From Business
-
Chinese minister felicitates Ahsan Iqbal on reappointment as Planning minister
5 hours ago -
Pak-US officials engage to enhance trade, investment ties
6 hours ago -
Stocks fall as tech shares sink, US economy slows
6 hours ago -
Higher taxes, awareness help decrease cigarettes sale in Pakistan
7 hours ago -
Ahsan Iqbal chairs CPEC JWGs, 13th JCC review-meeting
7 hours ago -
Industries Minister recommends urea fertilizer import to stabilize prices and supply
7 hours ago
-
Honda announces US$11 bn EV battery and vehicle plant in Canada
7 hours ago -
Zhao Shirin calls on Punjab Industries Minister
8 hours ago -
CEO APM Terminals calls on Finance Minister
8 hours ago -
SACM visits GTVC checks attendance register
8 hours ago -
CEO APM Terminals meets Commerce Minister
8 hours ago -
RTO destroys huge quantity of non-duty paid cigarettes
9 hours ago