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EDITORIAL Recession bottomed out? “Russian exports on the upturn”, “German exports to Russia up by a quarter”, “Trade with Russia booming” – When you read the numerous reports against the background of the economic sanctions imposed by the EU against Russia in 2014, you get the impression that trade with Russia is picking up again. According to the reports by the German Committee on Eastern European Economic Relations, the German-Russian Chamber of Industry & Commerce (AHK) and the German Chamber of Industry and Commerce (DIHK), that is indeed the case: German companies are exporting more to Russia again! The transfer of goods between the two countries rose during the first few months of this year by 43 percent year-over-year to EUR 6.7 billion, after exports in the fourth quarter of 2016 had already shown an increase of 1.3 percent. One of the reasons for the positive trend is seen as the rise in the oil prices. But the latest figures from the business climate index gaged It would appear that the traditionally good economic relations between Germany and Russia could be on the road to recovery annually by the Committee and the AHK also indicate a general recovery of the Russian economy: They show that in the meantime, 41 percent of the companies polled see the latest developments as positive – including the logistics company, BLG Logistics. In his guest commentary in this issue, Uwe Seliger, Managing Director of BLG Automobile Logistics GmbH & Co. KG for Eastern Europe & Russia, emphasizes how convinced BLG is of the country’s potential. Background: At the beginning of this year, BLG Logistics Automobile SPb and LLC Fenix, owner and operator of the Russian port of Bronka, signed a long-term cooperation agreement on car transshipment via the port in Bronka. The emerging positive development in the economic relations between Germany and Russia should not be underestimated in view of the prevailing uncertainty generated by the possibility of sanctions by the USA. Marie Krueger Editor firstname.lastname@example.org