Putin cautions on sanctions as talks with Trump loom
Before his phone conversation with Donald Trump, Vladimir Putin addressed Russian entrepreneurs, cautioning them not to anticipate a full restoration of free trade and capital flow, even if sanctions against Russia are relaxed.
Many of the reports disseminated by Russian media and authorities are likely inaccurate. Such reports may be part of an information war by the Russian Federation.
Vladimir Putin stated that 28,595 sanctions have been imposed against Russian companies and individuals.
- Sanctions are not a temporary, selective measure but a mechanism of systemic, strategic pressure on our country. Regardless of the circumstances and the international order, our competitors will always seek to restrain Russia and weaken its economic and technological potential - said Putin during the congress of the Russian Union of Industrialists and Entrepreneurs. His remarks were reported by the Russian media on Tuesday.
"The train has left the station". Putin talks about the return of Western companies
The Russian leader also noted that some Western companies are interested in returning to the Russian market. In light of this, he conveyed that the Russian government has been tasked with developing a procedure to enable the return of foreign enterprises with a guarantee of fair business conduct.
However, Putin remarked that Western companies that have already been replaced by Russian entrepreneurs have missed their opportunity to return.
