Kremlin Drops Hint Western Business Welcome to Return— Investment Encouraged
Kremlin
Russia is open to the return of Western businesses and must remain receptive to foreign investment in order to ensure and foster competition, Kremlin spokesman Dmitry Peskov told Sputnik.»Absolutely. We need to—absolutely—remain open to foreign investment,» Peskov stressed at the 2026 St. Petersburg International Economic Forum (SPIEF), responding to a question about whether Russia expects the return of Western businesses and whether the country needs them.
Any economy should develop with the maximum inflow of foreign investment, the official said, adding that it also has the benefit of spurring competition.
The 2026 SPIEF is running from June 3-6, with RIA Novosti acting as the forum’s general information partner.
WorldSPIEF Opens New Horizons for Foreign Investors in the Russian Market — Expert3 June, 15:24 GMT
