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Putin advises Russian businessmen against selling Ukrainian assets

Putin advises Russian businessmen against selling Ukrainian assets
25 of March 2016 г.
Russian President Vladimir Putin advises Russian businesses against selling their Ukrainian assets as the leadership in Ukraine may change, Russian news agency RBC reported citing one of the participants in a closed meeting between Putin and business representatives in Moscow - UNIAN.


Putin recommended taking a wait-and-see approach as long as there is still hope for the normalization of relations, it said."The president has made it clear that the leadership there may change, but companies and Ukraine would remain in place," a source said, RBC wrote.

"He [Putin] also said that one could feel pressure in the [Ukrainian] financial and banking sector, but the situation could be different with industrial assets. But his assessment was: 'One can wait to see how the developments will be unfolding,'" the source said.

Russia's Central Bank estimated the balance of Russia's direct investment in the Ukrainian economy at $2.17 billion as of October 1, 2015. Of the amount, $1.48 billion was equity capital, and $691 million was debt instruments.

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