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Only 11% of US companies have left Russian market, says American Chamber of Commerce

Mass media is covering the issue "as a disaster that is not actually happening," CEO Robert Agee pointed out

ST. PETERSBURG, June 16. /TASS/. Only 11% of American companies have suspended operations on the Russian market, said the President & CEO of the American Chamber of Commerce in Russia Robert Agee at the St. Petersburg International Economic Forum (SPIEF) on Thursday.

"About 85% of our companies have decided to stay in Russia. Only 11% have left the country, and another 4% are still thinking," he said.

Mass media is covering the issue "as a disaster that is not actually happening," Agee said.

"We are working closely with all Russian unions and associations, such as ASI (Agency for Strategic Initiatives), RSPP (Russian Union of Industrialists and Entrepreneurs), Delovaya Rossiya, and others. I believe the dialogue will remain," he concluded.

The St. Petersburg International Economic Forum organized by the Roscongress Foundation is running from June 15 to 18. This year’s forum is dubbed: ‘New Opportunities in a New World’. The SME Forum, the Creative Business Forum, the Drug Security Forum, the SPIEF Junior Dialogue and SPIEF Sport Week are also going to be part of the SPIEF event. TASS serves as the event’s official photo hosting agency and the information partner.

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