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Exodus of Western firms prompted growth of Russian businesses – Putin

Domestic companies submitted over 90,000 applications to register trademarks in 2022, the president said at SPIEFExodus of Western firms prompted growth of Russian businesses – Putin

Exodus of Western firms prompted growth of Russian businesses – Putin

© Sputnik / Vitaly Timkiv

Foreign companies that left Russia due to Western sanctions are swiftly being replaced by local ones, President Vladimir Putin said on Friday while addressing the St. Petersburg International Economic Forum (SPIEF).

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