The head of Russia's sovereign wealth fund, Kirill Dmitriev, announced on Tuesday in Riyadh that U.S. businesses have incurred losses totaling $300 billion since withdrawing from Russia following the onset of military action in Ukraine.
Dmitriev emphasized the significant financial impact on American enterprises and highlighted the critical need for ongoing talks between Russian and U.S. officials to facilitate the resolution of the conflict.
The statement underscores the broader economic repercussions of the Ukraine conflict, affecting international business operations and investor confidence. Dmitriev's remarks come at a time when both nations navigate the complexities of geopolitical tensions and seek pathways to de-escalate the situation.
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Russia: U.S. businesses lost $300 bln since military action in Ukraine
cgtn.com
