All news

Current situation will turn into rapid economic growth — Kremlin

International companies will "return to the Russian market again and will be more than eager in catching up and reclaiming their positions", Dmitry Peskov said

MOSCOW, March 5. /TASS/. The current economic scenario will be replaced by rapid economic growth, and foreign companies will return to the Russian market and will be interested in catching up, Russian presidential spokesman Dmitry Peskov said on Saturday.

"Russia was, is, and will always be a country seeking mutually beneficial relationships with foreign business; interested in being appealing in terms of investment. Yes, even though it is difficult to talk about investment attractiveness at the moment, time is passing quickly. Rapid economic growth will come next," he said.

International companies will "return to the [Russian] market again and will be more than eager in catching up and reclaiming their positions", the Kremlin spokesman said. "We will wait for them in some sectors very much. In other sectors we will wait less, because companies from other countries around the world will already take their place. This is a normal economic process," Peskov described the situation.

At the same time, he noted that some companies are forced to leave the Russian market. "And we understand the reasons why they do it," Peskov added, explaining that it was about "economic plundering" on the part of other states. "Because they too can become targets of it," he stated.

Peskov added that Russian President Vladimir Putin does not yet plan to hold meetings with foreign businesses amid the decision of individual companies to stop working in the country. "No, such meetings are not planned right now," he said.