Putin says Western companies could get their Russian assets back if things go well
- Russian President Vladimir Putin said Western companies could regain their Russian assets if “a favourable scenario” occurred.
- Putin discussed Russia’s placement of some European companies under temporary external administration.
- Putin said Russia was responding to what he described as Western seizures of Russian assets.
- Asked whether European companies could get their assets back, Putin answered, “Yes, they would get them back.
20 Articles
20 Articles
Vladimir Putin stated that Western companies could recover assets transferred from Russia to foreign administration if a favourable scenario was implemented
Russian President Vladimir Putin said on Thursday that assets of Western companies seized by Moscow in Russia are frozen and could possibly be returned.
"We're not taking anything from anyone, we're not stealing anything and we're not nationalizing anything," Putin said.
The Russian President also found it "absolutely unacceptable" that European countries had frozen the Russian Central Bank's gold and foreign exchange assets on their territories "to finance" Ukraine.
Putin says Western companies could get Russian assets back under ‘favourable scenario’
Russian President Vladimir Putin has indicated that European and other Western companies could potentially regain control of assets held under Russian external administration, provided relations with the West improve. His remarks come after Moscow placed several foreign-owned businesses under temporary state control, following Western measures against Russian assets and companies amid the ongoing conflict in Ukraine.
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