The president met with some of Russia's most powerful business leaders last week and urged them to support the war in Ukraine.
One year into the full-scale invasion of Ukraine, President Vladimir Putin called on Russia's wealthiest to prioritize the national interest over profit.
"A responsible entrepreneur is a real citizen of Russia, of his country, a citizen who understands and acts in its interests," Putin told the meeting of the Russian Union of Industrialists and Entrepreneurs ."He does not hide assets offshore, but registers companies here, in our country, and does not become dependent on foreign authorities."
Russian President Vladimir Putin is pictured during the congress of Russian Union of Industrialists and Entrepreneurs on March,16,2023, in Moscow, Russia.Putin received a standing ovation after addressing the RSPP meeting, but many in Russia's business community are thought to be unsettled by theOligarchs who for years enjoyed the freedom and gross economic opportunities of the West have seen their movements and fortunes come under increasing scrutiny. For most, war is bad for business.
The only one not yet sanctioned is the owner of the mammoth Mechel mining company, Igor Zyuzin. The billionaire has fallen foul of Putin in the past, criticized by the then-president in 2008 for reduced export prices of coal and other raw materials. Forbes described the falling out as a"horrendous blow" for Zyuzin.
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