Foreign Business Activity in Russia Surges Beyond Pre-Sanctions Levels, Research Reveals

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Foreign Business Activity in Russia Surges Beyond Pre-Sanctions Levels, Research Reveals - Sputnik Africa, 1920, 06.05.2025
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Foreign Business Activity in Russia Surges Beyond Pre-Sanctions Levels, Research Reveals

"In 2024, the number of applications for the registration of foreign trademarks exceeded pre-sanction levels by 18%," Russia's second-largest bank, VTB, said in its research.

🟢Most active foreign investors: China, Belarus, and the UAE.

🟢Top sectors: electronics, wholesale and retail, cosmetics, fashion and pharmaceuticals.

Moscow has repeatedly emphasized its ability to withstand Western sanctions, and Putin stated that Western sanctions against his country have seriously harmed the entire global economy.
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