Putin Says Western Firms May Recover Assets

Russian President Vladimir Putin stated that Western companies could potentially recover their assets currently under state administration if conditions improve. Speaking at the Valdai Forum, Putin defended the measure as a response to Western actions.

Russian President Vladimir Putin delivers a speech during a plenary session of the Valdai Discussion Club in Moscow, Russia, October 1, 2026.  REUTERS/Ramil Sitdikov

Russia President Vladimir Putin said during Thursday evening's Valdai Forum in Moscow that Western firms could recover seized assets under a favourable political scenario. The remarks mark a potential shift in Moscow's stance on foreign holdings placed under state management. The policy response directly mirrors actions taken against Germany and other European nations over frozen sovereign funds.

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