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95% of western companies are still active in Russia

The Austrian Foreign Minister admitted that despite the withdrawal of many foreign companies from Russia in response to the war in Ukraine, a large number of Western companies are still active in Moscow.

report Mehr News Agency quoted by the Guardian, Austrian Foreign Minister Alexander Schallenberg says that despite the withdrawal of many foreign businesses from Russia in response to the country’s war with Ukraine, a large number of Western companies are still in They operate in Moscow.

In a joint press conference with US Secretary of State Anthony Belniken, Schallenberg said: Austria is the sixth largest investor in Ukraine’s economy, and Austrian companies are present in both Ukraine and Russia. have “bold”.

He added: Yes, Austrian companies were present in Russia and some of them are still active in this country; Just like about 95 percent of western companies that are still present in Moscow.

The Austrian Foreign Minister added: The international sanctions imposed against Moscow should be fully respected and no exceptions should be made. Vladimir Putin (President of Russia) is using gas and grain as leverage in the midst of conflict with the West.

He pledged that Austria will continue to reduce its dependence on Russian gas and the goal of 100% non-dependence of Vienna on Moscow will be achieved by 2027.

Politico newspaper reported last week that Washington has pressured one of Austria’s biggest banks, Raiffeisen International, to leave Russia. According to this newspaper, Anna Morris, the acting deputy of the US Treasury Department, has announced to the Austrian authorities that if they refuse to fulfill Washington’s request, the US financial system may take this bank out of the cycle.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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