The economist called it time for Western companies to return to Russia

“Overseas firms which have introduced a short lived suspension of operations in Russia for the summer time, I feel, will slowly start to return. “Particularly these that may be simply changed by their opponents,” mentioned the knowledgeable.

He mentioned Western enterprise has began shedding some huge cash and this case is unprofitable for him.

As well as, the fast return of international firms will assist stabilize the Russian monetary market. The economist famous that at this time “there is no such thing as a collapse in our monetary market.” The ruble stopped falling and didn’t fall to 200-300 rubles, as some consultants predicted. Exports have solely decreased on sure merchandise, however the mainstream is working.

“I hope that the market will enter easily, it will likely be doable to attract up plans for each the medium and long run,” Milovidov mentioned.

In keeping with him, it’s nonetheless inconceivable to foretell the return of particular firms. For instance, a Chinese language firm with related merchandise may take the place of Samsung. Consequently, Koreans will lose market in Russia. That’s the reason the representatives of Samsung gently mentioned the assorted choices for doable cooperation with Russia. And there are various related examples, the economist added.

– Commercial –

Vladimir Milovidov – Deputy Director of the Nationwide Analysis Institute for World Economic system and Worldwide Relations (IMEMO)

Earlier, an American knowledgeable mentioned that US and EU anti-Russian sanctions couldn’t have the specified impact as a result of they aren’t sturdy sufficient and will hurt the West itself.