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Ministry expects foreign business to return to Russian market after logistics readjustment

Economic Development Minister Maksim Reshetnikov noted that the Russian market was profitable for foreign firms

MOSOW, March 14. /TASS/. A large part of foreign companies that have announced suspension of operations in Russia, may return to the Russian market after the readjustment of logistics chains, Economic Development Minister Maksim Reshetnikov told reporters on Monday.

"When we had a meeting with foreign business operating in Russia a week ago the first questions, which they raised, were those related to logistics, to the necessity to readjust production chains, to the search for suppliers in Asian countries. <…> We assume that a large part of businesses will obviously return to Russia after readjusting those chains," he said.

The Russian market is profitable for foreign firms, Reshetnikov noted. "This enables us to hope that the situation will normalize," he said.

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