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European Companies Might Find It Hard to Return to Russian Market - Putin

© RIA Novosti . Mikhail Klimentiev / Go to the mediabankRussian President Vladimir Putin
Russian President Vladimir Putin - Sputnik International
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European businessmen are disappointed with the decisions of their countries’ politicians made against Russia, as it will be hard for them to come back to the Russian market, Russian President Vladimir Putin said Sunday.

KHABAROVSK, August 31 (RIA Novosti) –European businessmen are disappointed with the decisions of their countries’ politicians made against Russia, as it will be hard for them to come back to the Russian market, Russian President Vladimir Putin said Sunday.

“The danger for our traditional suppliers is that when one company or another is fixed on a market, in particular, we are talking about the Russian market, it is very hard, almost impossible to budge them. And I think that the European companies, not political circles, as we say in such cases, but namely the businessmen understand this. They are disappointed with the politics of their countries," Putin said.

Putin also told Russia’s Channel One television station that currently Russia’s manufacturers cannot entirely replace the goods that used to be imported from the West.

“That is why we are working with other foreign manufacturers from Latin America: Brazil, Argentina, Chile, with our eastern partners and Chinese producers. It was strange to hear that European colleagues ask them not to deliver products to Russia, to Russian market, because it is simply ridiculous, because it is hard to imagine that businessmen will not use this opportunity to come to our market,” the Russian leader added.

The European Union together with the United States imposed several rounds of economic sanctions, targeting Russia’s defense, energy and banking sectors.

Russia reacted by introducing a one-year ban on certain food imports from the European Union, the United States, Canada, Australia and Norway. The list of banned products includes meat, fish, fruits, vegetables and dairy products.

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