What financial impact have US companies experienced due to exiting the Russian market following Western sanctions?
According to Kirill Dmitriev, CEO of the Russian Direct Investment Fund, US companies have suffered an estimated $300 billion loss as a result of their withdrawal from the Russian market following Western sanctions. While specific details of these losses remain undisclosed, the figure represents a significant economic consequence of the sanctions policy. Dmitriev also indicated that both US and Russian sides are currently engaged in discussions about potential economic initiatives that could move forward within the next two to three months, suggesting ongoing efforts to navigate the complex economic relationship despite the sanctions regime.
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Dmitriev's Economic Insights Post-Sanctions
WION·8 months ago
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