Russia’s admission to WTO is good news to DFDS, emphasizes the company’s Executive Vice President Peder Gellert Pedersen. Pedersen believes that the membership will have additional effects on the company, which in the end will produce more cargo, estimates Pedersen.
“It is not like our volumes will increase tomorrow, but the membership carries additional effects for us. The stronger Russia’s connection to organized world trade the better for us. We expect that the membership will also improve relations with the EU. The EU-Russian import/export is our livelihood because we are so regional. As a consequence, we are very dependent upon good relations between the EU and Russia,” says Peder Gellert Pedersen.