Austrian Foreign Minister Alexander Schallenberg said 91% of foreign companies operating in Russia before the…
Exiting the country is more complicated than most realize, Foreign Minister Alexander Schallenberg has claimed
More than 90% of Western businesses that were present in Russia before the conflict with Ukraine broke out are still operating in the country, Austrian Foreign Minister Alexander Schallenberg said on Thursday.
In an interview with German newspaper Frankfurter Allgemeine Zeitung, Schallenberg also highlighted that Russian companies are still active in Austria and Germany, while Vienna’s dependence on gas supplies from the sanctions-hit country remains high.
“Exit from the Russian market is a far more complicated process than it is often described,” Schallenberg said.