Russia will open to Western companies: Vladimir Putin ordered his office to prepare for the return of Western companies. He stipulated, however, that Russian enterprises should have “some advantage over those that will return to the market.” However, he has not cheated on the details yet. It is to be a form of revenge for withdrawal from Russia After a full -glass invasion of Ukraine. This is the first such clear signal that Russia is thinking about returning Western companies. According to the Kiev Economic Institute, 472 foreign companies have completely withdrawn, and 1360 limited its activities in this country.
US companies are already getting ready: Donald Trump He was to express “interest in resumption of economic cooperation”. It was calculated that American companies lost $ 324 billion as a result of withdrawal from the country. The Russians expect that at least some of them will return to the market this year. Several American companies were to be initially intended for such a return. However, none has taken active actions to return to this market.
Are Western companies needed by Russia? Minister of Foreign Affairs Sergei £ Awrow However, he believes that Russia should allow Western companies to operate only in sectors, “in which there will be no risk for the economy.” Moreover, Western companies will be difficult to regain its market position after In their place their Russian counterparts appeared. It will be all the more difficult because the Russian authorities took over the assets of branches of Western companies, including by applying a 50 % discount on their sale as a condition for leaving the Russian market.
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Sources: “Financial Times“, “The Kyiv Independent”