Russian Foreign Ministry assesses prospects for Western companies' return

Dmitry Birichevsky, the Russian Foreign Ministry's Director for economic cooperation, stated that the Russian Federation is ready to consider the return of the Western companies that have left the country, provided they comply with the law and localize their production.

"Russia may be interested in the return of responsible businesses that comply with Russian legislation and their social obligations, and are prepared to ensure the localization of production and technological solutions",

Dmitry Birichevsky said

According to Birichevsky, dialogue with Western businesses has not been severed, but the issue of their return is receiving "attention that is disproportionate to its significance". He noted that the departure of foreign companies has created new opportunities for Russian businesses. Furthermore, many Western firms have chosen to remain in the country.