Yesterday, a very high-level Western envoy met with Vladimir Putin. No, it wasn’t the American secretary of state or the British prime minister. And it wasn’t President Obama, who was quietly extolling the virtues of NATO in a speech in Brussels. Instead, it was someone who really matters: Joe Kaeser, the CEO of the giant German firm Siemens, whose company all by itself had nearly $3 billion in sales to Russia last year. It might look like the important diplomacy is taking place amid talks between the US delegation in Brussels with its European counterparts, but the visit to Moscow by Kaeser and parallel actions by many of his German colleagues is where the action is.
According to The Wall Street Journal, Kaeser met Putin, and he had this to say:
Siemens has been present in Russia since 1853—a presence that has survived many highs and lows. We want to maintain the conversation even in today's politically difficult times. For us, dialogue is a crucial part of a long-term relationship.
And 1853 was just before the Crimean War, I do believe. The Journal goes on to report:
German industry has been hard at work under the radar of official avenues to establish an informal diplomatic channel, shuttling between Berlin and Moscow to prevent an all-out economic war. In the days ahead of the Crimean vote to secede from Ukraine, officials from lobbying group Ostausschuss—which represents German companies with investments in Eastern Europe—held meetings with senior Russian, Ukrainian and German officials in an attempt to find a compromise that could ward off tit-for-tat sanctions.
And the paper added this tidbit:
In Berlin, a small circle of politicians and industry lobbyists that include Mr. Cordes and former German Chancellor Gerhard Schröder have met regularly throughout the crisis at the Russian Embassy with Ambassador Vladimir Grinin, a person familiar with the gathering said. Since leaving office in 2005, Mr. Schröder, who has close ties to Mr. Putin, has worked as an adviser to Gazprom. Messrs. Grinin and Schröder couldn't be reached to comment.
As reported in my blog not long ago, it will be capitalism, not politics, that prevents a new Cold War.
In fact, the Germans—with deep economic ties to Russia that create a German national interest in which business supersedes any concern about Crimea—want to normalize things again with Russia, and fast. The Russian news outlet RT, that faithful propagandist for Mother Russia, approvingly cites yet another former German Chancellor, Helmut Schmidt, writing in Die Zeit, who said that Russia’s land grab in Crimea was “completely understandable” and that that economic sanctions against Russia are a “stupid idea.”