Russia appreciates position of foreign companies staying in Russia - Putin

MOSCOW. March 16 (Interfax) - The seizure of Russian businesses' foreign assets is a lesson to entrepreneurs, which shows that there is nothing more reliable than investment at home, Russian President Vladimir Putin said.

"The seizure of foreign assets, accounts of Russian companies and individuals is a lesson to national businesses that there is nothing more reliable than investment at home," Putin said at a meeting on measures to provide socio-economic support for Russian regions, which was held by videoconference.

Russia appreciates the position of those foreign companies that have stayed in Russia despite pressure, he said. "We appreciate the position of those foreign companies that continue operations in our country despite the brazen pressure from the United States and its vassals, and they will definitely get extra opportunities for development in the future," Putin said.

"We also know those who cowardly betrayed their partners, who forgot about their responsibilities to employees and clients in Russia, who rushed to make illusory dividends by participating in the anti-Russia campaign. In the meantime, unlike Western countries, we will respect the right of ownership," Putin said.