The situation is similar in many EU countries in the Central and Eastern Europe, but even in Austria Russia accounts for less than 2% of total imports. The emergence of China, Russia and other large middle-income countries as major global economic powers is one of the defining trends of the current century.
At present we are in the throes of a very long legislative process that is not yet over in relation to a law to deal with Repotype financial transactions and the issue of netting.