SPIEF organizing committee says half of unfriendly states' firms decided to stay in Russia

Business & Economy June 17, 2023, 15:15

This companies continue their economic activities in the country, Adviser to Russian President Anton Kobyakov pointed out

ST. PETERSBURG, June 17. /TASS/. Roughly half of companies from unfriendly countries have decided to continue operations in Russia despite sanctions, Adviser to President, Executive Secretary of the SPIEF Organizing Committee Anton Kobyakov told a press conference on Saturday.

"We have calculated that roughly half of foreign companies from unfriendly countries have decided to stay in Russia and continued their economic activities," he said.

The 26th St. Petersburg International Economic Forum (SPIEF) - Russia’s showcase annual economic and business event - is being held on June 14-17. 'Sovereign Development as the Basis of a Just World: Joining Forces for Future Generations' is the theme of this year’s forum. TASS is the official information partner of the event.

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