Kremlin: Foreign company management moves serve Russian interests only

Russia's Kremlin, via spokesman Dmitry Peskov, stated that decisions on temporary external management of foreign companies' assets are made solely in Russia's interests, signaling a selective approach favoring some Western firms while penalizing others. This follows asset transfers of several European companies under external management, indicating an escalating state intervention in foreign business operations. The move underscores Russia's willingness to use economic levers as geopolitical tools, increasing uncertainty for foreign investors.

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