Top Russian official proposes nationalization of foreign-owned factories

Published March 8, 2022 5:57pm ET



A top official of Russia’s ruling political party is calling for his country to seize foreign-owned factories that have temporarily closed following the war in Ukraine.

Andrei Turchak, the secretary of the general council of the United Russia party, revealed that his party, which is unwaveringly loyal to Russian leader Vladimir Putin, supports the Russian government nationalizing operations of shuttered foreign companies as a way to preserve jobs and insulate the country from production issues.

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