On Thursday 21st August Minister of Industry and Commerce Jan Mládek and Minister of Foreign Affairs Lubomír Zaorálek met in Černínský palác with the representatives of Czech companies, professional organizations and chambers and discussed opportunities for substitution of Russian markets. The representatives were advised to focus on markets that were equally affected by the Russian sanctions for example Belarus, Kazakhstan, Azerbaijan or other members of Community of Independent States (SNS). The exporters could also focus on Arabic states such as Saudi Arabia or UAE for food exports or on Philippines for the area of aviation and weapon industry. Exports for the mining industry could be redirected to Canada and components for power plants could be exported to South Korea or some pumps even to Iran. Also Balkan states could be the next on the list of interesting markets.
5th March 2019