How much have US companies lost by exiting the Russian market following Western sanctions?
According to Kirill Dmitriev, CEO of the Russian Direct Investment Fund, US companies have lost an estimated $300 billion by withdrawing from the Russian market following Western sanctions. This significant economic impact has become a focal point in recent Ukraine peace talks between the US and Russia, which have evolved to include discussions on reviving economic cooperation. Both sides are now considering economic initiatives that could potentially move forward within the next two to three months. These discussions are taking place despite Russia remaining under extensive Western sanctions imposed after its invasion of Ukraine three years ago.
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Ukraine Peace Talks & Economic Cooperation Initiatives
WION·8 months ago
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