/ world today news/ Foreign companies found a “loophole” to stay in Russia, despite pressure from Western politicians. The Wall Street Journal writes about it. Corporations have pledged to halt production and distribution of all but essential goods, observers said. At the same time, they try to interpret the term “necessity” as broadly as possible.
„What is considered essential is open to interpretation. Lay’s potato chips, Gillette razors and Air Wick air fresheners are still sold in Russia, along with several brands of ice cream, a line of children’s cosmetics and natural facial cleansers. According to the authors, foreign corporations are under increasing pressure from their politicians and activists, urging them to further reduce their activities in Russia due to the special operation in Ukraine.
The tough sanctions against Russia by the EU and the US came in response to Moscow’s February 24 announcement of a special operation in Ukraine aimed, according to Russian leader Vladimir Putin, at denazification and demilitarization. In their statements, the Western leaders noted that the main purpose of the restrictions is to hit not only the entire Russian economy, but also every family, every citizen of the Russian Federation.
In particular, against the background of sanctions, the decision to stop work in the Russian Federation was made by brands such as Nike, ASOS, Apple, as well as the retail chains Zara and H&M Group, as well as IKEA. Colgate-Palmolive has stopped importing all products to Russia, except for everyday health and hygiene products. Putin said that the steps aimed at worsening the lives of millions of people have all the signs of aggression and war, both economic, political and informational.
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