Foreign Affairs
Related: About this forumMoscow says there will be a 'price to pay' for the Western companies that left Russia after it invaded Ukraine
Some of the Western companies that left Russia over its war in Ukraine may be tempted to head back when the war ends but Moscow wants them to know it's not in a rush to receive them.
"We are not waiting for anyone with open arms. There will be a price to pay for past decisions," Anton Alikhanov, the Russian industry and trade minister, told reporters on Thursday, according to the state news agency TASS.
Three years into the war in Ukraine, nearly 475 foreign companies have left the Russian market completely, per the Leave Russia database from the Kyiv School of Economics. Those that have made a complete exit include McDonald's, Starbucks, Ikea, the British energy giant Shell, and the Japanese tire maker Bridgestone.
Alikhanov said Russia was prioritizing domestic brands instead of waiting for foreign brands to return.
https://www.msn.com/en-us/money/markets/moscow-says-there-will-be-a-price-to-pay-for-the-western-companies-that-left-russia-after-it-invaded-ukraine/ar-AA1zuTPk
Russia's economy is smaller than Italy's. Most companies haven't missed much.
