The Russian government will help Italian companies operating in the country to deal with losses resulting from Western sanctions, Foreign Minister Sergey Lavrov has said.
Sanctions targeting Moscow have hurt Russian-Italian trade; bilateral turnover has halved from $53.8 billion in 2013 to $26.9 billion in 2018, Russia’s top diplomat said in an interview with the Italian daily La Stampa. Meanwhile, Italian producers lost nearly $2 billion due to restrictions and there are still many entrepreneurs unwilling to leave the Russian market, according to Lavrov.
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