Reported 2 days ago
The Russian Direct Investment Fund predicts that several U.S. companies may re-enter the Russian market by the second quarter of 2025, following a recent high-level U.S.-Russian meeting. Despite many Western firms exiting Russia after the 2022 invasion of Ukraine, the fund's chief, Kirill Dmitriev, noted that the return would be challenging due to already occupied market niches. Dmitriev emphasized that U.S. companies have incurred significant losses, estimated at $324 billion, from leaving Russia, raising hopes for renewed economic ties.
Source: YAHOO