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> An unusual clause in their exit deals allows both Renault and Nissan to buy back their Russian assets within the next six years > These facts suggest that th
by orf 4y ago
> An unusual clause in their exit deals allows both Renault and Nissan to buy back their Russian assets within the next six years
> These facts suggest that the apparent exit of both companies from Russia is reluctant and largely symbolic, with both optimistic that sanctions will be lifted at some point in the next few years, allowing them to seamlessly re-enter the Russian market
Of course they will re-enter the Russian market. That was never in doubt, and it’s a very smart move to sign an exit deal allowing them to swiftly re-enter the market when it’s ready with all their places of operations nicely maintained for them. It seems that the people who signed that deal on the Russian side where negotiating from a position of weakness?
The issue is if they will re-enter a market with Putin at its head and Ukraine subjugated. That seems increasingly unlikely.