The Kremlin sees no risks in Kazakhstan's decision to attract foreign companies that have left Russia

14 July 2022

 

The Kremlin sees no risks in Kazakhstan's decision to create conditions for the relocation of foreign companies that left the Russian market, Russian presidential spokesman Dmitry Peskov told reporters on Thursday.

 

"No, it is perfectly normal for any country in the world to try to create comfortable conditions for foreign investors. All countries, including ours, are trying to do this," he said.

 

The Kremlin spokesman noted that "now, under unprecedented pressure from the outside, many companies are forced to make such decisions (to leave Russia - TASS)." "This, unfortunately, is the reality in which we live and work," he added.


Earlier on Thursday, Kazakh President Kassym-Jomart Tokayev instructed the government to create favorable conditions for the repatriation to the republic of foreign companies that left the Russian market. He noted that every second of nearly 1,400 major foreign companies have suspended operations or completely left Russia. According to him, the relocation of these companies in Kazakhstan will give the country "good opportunities to increase the production of medium and high value-added goods."

 

 

GSV "Russia - Islamic World"

Photo: Mikhail Metzel/TASS

Based on materials from TASS