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Return of Turkish goods not to damage Russian companies — official

An official says Russian companies will be able to maintain their market positions that they took during the anti-Turkish sanctions

© Artiom Geodakyan/TASS

GORKI, July 1. /TASS/. The return of Turkish companies to the Russian, including food market, will not cause any damage to the Russian companies whose business has grown during the anti-Turkish sanctions period, head of the Agency for Strategic Initiatives (ASI) Andrei Nikitin said on Friday after a meeting on improving the country’s business climate chaired by Prime Minister Dmitry Medvedev.

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Kremlin forecasts ‘month of intense contacts’ with Turkey

"Our companies have recently very seriously advanced on the markets of Moscow, and St. Petersburg that are the most difficult, as well as on the markets of other megacities. Therefore, probably, Turkish goods will return, but our companies have also beefed up," Nikitin said.

According to him, Russian companies will be able to maintain their market positions that they have taken during the anti-Turkish sanctions.

"I hope that we will retain the presence of Russian products, especially food items in Russian shops. And then the state should wisely support the national producers by the new incentives and also not suppress the foreign ones. Otherwise we will have to face low quality products, price increases, and therefore, it seems to me that this is good and that we are ready for it now more than before", Nikitin said.

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