US EditionTrump and Putin hint at US-Russia trade revival, but business environment remains hostile
- On May 26 at the Kremlin, Putin addressed Russian Entrepreneurs Day, urging to throttle large foreign tech firms like Zoom and Microsoft.
- This event followed over three years of war marked by Putin escalating attacks and maintaining territorial demands, while peace remains distant.
- Russia's business environment remains difficult due to restrictive laws, a 2023 decree allowing government control of key foreign firms, and sanctions from over 50 countries.
- The Kyiv School of Economics reports that over two thousand foreign firms continue operations in Russia, while more than a thousand are in the process of withdrawing and nearly five hundred have completely left, amid ongoing sanctions imposed by the EU and the U.S. That complicate business activities.
- Experts agree U.S. Firms are unlikely to return soon due to compliance risks, economic stagnation, ongoing conflict, and legal uncertainties despite statements about restoring trade.
47 Articles
47 Articles
Despite Trump’s wishes, U.S.-Russia business ties won’t be easy to fix after war
Hundreds of foreign companies left Russia after the 2022 invasion of Ukraine, including major U.S. firms like Coca-Cola, Nike, Starbucks, ExxonMobil and Ford Motor Co. Read more...
Trump, Putin want to talk business after Ukraine war. Not easy
WASHINGTON, United States — Hundreds of foreign companies left Russia after the 2022 invasion of Ukraine, including major U.S. firms like Coca-Cola, Nike, Starbucks, ExxonMobil and Ford Motor Co. But after more than three years of war, President Donald Trump has held out the prospect of restoring U.S.-Russia trade if there’s ever a peace settlement.
Trump and Putin want to talk business once the Ukraine war ends. Here’s why it won’t be easy
After more than three years of war, U.S. President Donald Trump has held out the prospect of restoring U.S.-Russia trade if there’s ever a peace settlement. And Russian President Vladimir Putin has said foreign companies could come back under some circumstances.
Temple Daily Telegram
Trump and Putin hint at US-Russia trade revival, but business environment remains hostile
Would U.S. companies go back to Russia if there’s a peace deal over Ukraine? President Trump and Russia’s Vladimir Putin have raised the possibility. But a lot has changed since Russia invaded Ukraine in 2022. Russia has enacted a slew…
Associated Press News
Trump and Putin want to talk business once the Ukraine war ends. Here's why it won't be easy
Would U.S. companies go back to Russia if there’s a peace deal over Ukraine? President Donald Trump and Russia’s Vladimir Putin have raised that possibility.
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