Business
2:30 5 March 2025
Post by: WBJ

Western Companies Eye Return to Russia, Economist Predicts Many Will Follow

Western Companies Eye Return to Russia, Economist Predicts Many Will Follow
Source: Adobe Stock

Economist Prof. Sławomir Jankiewicz believes that many Western companies, especially American firms, will return to Russia as soon as possible, driven by economic necessity. With the U.S. market struggling, Jankiewicz foresees a potential shift in policy, with renewed interest from Western businesses in the Russian market as sanctions are reconsidered. Reports suggest that the U.S. government is preparing to ease some sanctions in talks with Russia, signaling a possible thaw in relations. Jankiewicz points out that despite sanctions, Russia has adapted its economy and found ways to circumvent restrictions. He also highlights the growing influence of BRICS countries, which includes Russia, and the potential economic challenges Europe may face if it fails to cooperate with these emerging powers. The economist warns that Europe must adjust to changing global dynamics, especially as Germany's Alternative for Germany (AfD) party advocates for closer ties with Russia.

Source: money.pl


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