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Parliament speaker expects domestic, Asian firms to replace companies leaving Russia

According to Vyacheslav Volodin, foreign companies need to make up their mind about their activities in Russia

Russian State Duma Speaker Vyacheslav Volodin Press Service of State Duma/TASS

Russian State Duma Speaker Vyacheslav Volodin

© Press Service of State Duma/TASS

MOSCOW, May 7. /TASS/. Foreign companies that have decided to leave Russia may face issues returning to the country as they will be promptly replaced by domestic and Asian firms, Russian State Duma (the lower house of parliament) Speaker Vyacheslav Volodin told reporters on Saturday.

"If they decide to dance to Washington’s tune and leave Russia, it’s their choice. But there is no guarantee that they will be able to return. They will be promptly replaced by Russian and Asian companies," he noted.

According to Volodin, foreign companies need to make up their mind about their activities in Russia. "The crucial thing is to have certainty. If they are ready to continue their work, we won’t kick anyone out as our country is open, we welcome investment in our economy," the parliament speaker emphasized.

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