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| Putin declares Russia is open for business | |
| (about 4 hours later) | |
| The country has not closed its doors in the wake of Western pressure, according to the president | The country has not closed its doors in the wake of Western pressure, according to the president |
| The Russian market will remain open and competitive despite Western attempts to isolate the country, President Vladimir Putin stated on Thursday. | The Russian market will remain open and competitive despite Western attempts to isolate the country, President Vladimir Putin stated on Thursday. |
| Addressing the VTB Investment Forum in Moscow, Putin stressed that Russia is not expelling anyone from its market and is not closing itself off. | Addressing the VTB Investment Forum in Moscow, Putin stressed that Russia is not expelling anyone from its market and is not closing itself off. |
| He noted that many foreign enterprises and organizations have expressed willingness to continue working in the country in the face of growing pressure from their respective governments. | |
| The number of foreign companies operating in Russia has “surprisingly" risen by 1,500 since March 2022, to a total of over 25,000 firms as of November 2023, Putin said, adding that “we only welcome this.” | The number of foreign companies operating in Russia has “surprisingly" risen by 1,500 since March 2022, to a total of over 25,000 firms as of November 2023, Putin said, adding that “we only welcome this.” |
| He emphasized the benefits of working with and in Russia, insisting that “it was, is, and will be advantageous.” | He emphasized the benefits of working with and in Russia, insisting that “it was, is, and will be advantageous.” |
| Putin also noted that the West’s expectations of a Russian collapse after the departure of its businesses had not materialized. Instead, Russian entrepreneurs have managed to adapt and seize new opportunities, according to the president. | Putin also noted that the West’s expectations of a Russian collapse after the departure of its businesses had not materialized. Instead, Russian entrepreneurs have managed to adapt and seize new opportunities, according to the president. |
| For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |