Volodin said that 77.6% of foreign companies did not close their business in Russia

The vast majority of foreign enterprises did not begin to close their business in Russia, State Duma Speaker Vyacheslav Volodin said on Telegram.

So, according to him, despite the unprecedented pressure, blackmail, and sanctions, 77.6 percent of the 1382 foreign companies remained in the country.

“Washington and Brussels flogged themselves. The sanctions policy has led to rising prices, inflation, and a shortage of energy resources,” Volodin stressed.

He noted that foreign companies are reluctant to leave the Russian market, because this is not only fraught with costs for them, but also deprives them of the prospects for returning.

After the start of the Russian special operation to demilitarize and denazify Ukraine, the West stepped up sanctions pressure on Moscow: Russian assets worth hundreds of billions of dollars were frozen, and the European Union has already adopted seven packages of restrictive measures, including an embargo on coal and oil.

The Kremlin called these measures an economic war like no other. As President Vladimir Putin has pointed out, the policy of containing and weakening Russia is a long-term strategy for the West, but the sanctions have dealt a severe blow to the entire global economy.

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