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If it continues so and we embrace Russia fully, we could be sanctioned, too - Business

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Natia Taktakishvili
07.03.22 17:00
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If it continues so and we embrace Russia fully, we could be sanctioned too, - Revaz Vashakidze, the founder of Biu-Biu told TV-Program "Forbes Week" that the world, including leading companies, reject Russia and Georgia should reconsider its position as well.

"This is not just an economic issue, but it is a matter of who we are with," said Revaz Vashakidze.

He said that the sanctions imposed on Russia by the West are very severe, especially the decision to disconnect 4 Russian banks from SWIFT, as well as the freezing of assets for the Central Bank of Russia in Europe and the United States. Revaz Vashakidze is sure that other Russian banks will be disconnected from SWIFT as well.

"Many world brands have severed ties with Russia. I was expecting this - it is a pragmatic step. Everyone around the world has a negative attitude towards the Russians, who are killing people in Ukraine, killing children, women - bombing homes.

Many companies have said that if they are with the bloody Putin, they will lose customers…

I do not know what Georgian winemakers have lost in Russia if they do not sell their low-quality wine there. If we think we want to go to Europe, we should also reconsider our thoughts and psychology, because Russia is already fighting with its citizens," Revaz Vashakidze said.