Loss of Western brands is Russia’s gain
The businesses they leave behind will survive, the head of state assures
© Getty Images / Ruslan Safarov / EyeEm
Many foreign brands and businesses are leaving Russia not of their own volition but because they are feeling pressured to do so, and suffer financially as a result, Russian President Vladimir Putin said on Thursday at a meeting of the supervisory board of the Agency for Strategic Initiatives.
Moscow, however, will not force anyone to stay, according to the president.
“Many of them, as you know, under pressure from their governments, are leaving our market. Well, all the best to them. However, because of the loss of our market they incur huge losses. It’s their choice, it’s their decision,” Putin said, noting that many of those companies “do it without ...










