ST. PETERSBURG, June 5. /TASS/. Western businesses are monitoring the situation in Russia and watching for political signals because they do not want to lose a major market, Federation Council Information Policy Commission Chairman Alexey Pushkov told TASS.
"Part of the business community in the West has never lost interest in Russia. It is well known, for example, that a number of companies merely froze their presence in Russia. Some left, but many stayed. This concerns German businesses, Italian businesses, and French businesses alike. In other words, business is monitoring the situation and, as I believe, watching for political signals," Pushkov said.
He noted that Western companies view the Russian market as highly significant and do not want to lose it.
SPIEF-2026
The 29th St. Petersburg International Economic Forum (SPIEF-2026) is taking place on June 3-6. This year, the event is held under the theme "Pragmatic Dialogue: The Path to a Stable Future." Saudi Arabia is the guest country at SPIEF. The forum program is dedicated to shaping a new model of global development amid the ongoing transformation of the world economy.
