US investors boost cash flows into Russia despite sanctions ...News

Economy by : (Russia Today) -
Investments by American businessmen in Russia have increased during the sanctions period, according to Valery Garbuzov, director of the Institute for the United States and Canada of the Russian Academy of Sciences. “Whole industries and large enterprises in key sectors of the Russian economy have been slapped with sanctions… So, American investors stopped investing in those sanctioned industries and started searching for other opportunities. As a result, American investments in Russia during the period increased because… the American business aims at obtaining superprofit,” Garbuzov said on Thursday at a discussion at the Izvestia Info

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