Most Japanese companies stayed in Russia – survey ...News

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Most Japanese companies stayed in Russia – survey
Those that have decided to maintain operations have done so due to favorable market conditions, according to Japan’s trade body   About 35% of Japanese companies operating in Russia continue doing business “as usual” despite Tokyo’s commitment to complying with Western sanctions, a survey by the Japan External Trade Organization (JETRO) revealed on Wednesday.    JETRO polled 156 companies operating in Russia’s two biggest cities, Moscow and St. Petersburg, in early February. The share of companies that were doing “business as usual” had increased by 4% to 34.9%, the organization said, without naming the firms.  

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