Putin Says Western Companies Could Get Russian Assets Back Under ‘Favourable Scenario’
- Russian President Vladimir Putin said Western companies could regain their Russian assets if “a favourable scenario” occurred.
- Putin discussed Russia’s placement of some European companies under temporary external administration.
- Putin said Russia was responding to what he described as Western seizures of Russian assets.
- Asked whether European companies could get their assets back, Putin answered, “Yes, they would get them back.
14 Articles
14 Articles
Vladimir Putin stated that Western companies could recover assets transferred from Russia to foreign administration if a favourable scenario was implemented
Russian President Vladimir Putin said on Thursday that assets of Western companies seized by Moscow in Russia are frozen and could possibly be returned.
"We're not taking anything from anyone, we're not stealing anything and we're not nationalizing anything," Putin said.
Putin says Western companies could get Russian assets back under ‘favourable scenario’
Russian President Vladimir Putin has indicated that European and other Western companies could potentially regain control of assets held under Russian external administration, provided relations with the West improve. His remarks come after Moscow placed several foreign-owned businesses under temporary state control, following Western measures against Russian assets and companies amid the ongoing conflict in Ukraine.
Putin allowed the return of foreign assets to their owners
Putin allowed the return of foreign assets to their ownersThe President said that the transfer of foreign enterprises under external management was a response to the possible nationalization of Russian assets in the West.According to Putin, Russia can...
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