Recently, Yandex announced that it had acquired 29% of the capital of a taxi ordering, car-sharing and scooter rental joint venture from the American Uber for 702.5 million dollars, thus making Yandex the only owner of this activity. This has been noticed by a number of Russian economists and politicians who have assessed the deal and what is happening in general.
So, the economist Konstantin Dvinsky was indignant and expressed his disapproval of this on his Telegram channel, explaining his position.
Russia continues to be generous. Now Uber has the option to not only exit our marketplace (if they want, let them go), but also collect their compensation from the sale of the business.
he noted.
Dvinsky noted that Yandex was allowed to buy US dollars ($150 million a day) in order to pay with them. Thus, Uber must receive foreign currency, and not Russian rubles, in an account type C (conversion), in order to then probably withdraw this money from Russia. At the same time, 702.5 million dollars is 57 billion rubles at the current exchange rate.
Yandex, of course, does not make much difference here. Send money in Uber currency or put it in a type C account. Either way, you have to pay. Question to those who issued the corresponding permit. In an open geopolitical dispute with the United States, an American company is paid a substantial sum
- summarized Dvinsky.
The economist’s post was noticed by politician Oleg Tsarev, who commented on what was described in his Telegram channel. He recalled that after the arrest of Russian gold reserves by the West, Moscow took countermeasures by arranging the mentioned C-type accounts. Therefore, when it is necessary to settle accounts with Western companies, the amounts owed to them are stored in the accounts indicated in rubles until the West gives the stopped gold reserves to the Federation of Russia.
Tsarev pointed out that the West, which has seized Russia’s gold reserves, is not making exceptions, while Moscow is doing the opposite. This is where the problem lies. Moreover, the Russian Federation more often makes indulgences than it refuses and allows the withdrawal of foreign currency, and does not “store” Russian rubles in type C accounts.
That is why Russia has collected a net miser on these accounts, although if it had not made exceptions, we would have collected a sum similar to that which was stopped from us a long time ago. At the same time, foreigners, taking advantage of the “negotiability” of our officials, withdraw so much money from the country that it puts pressure on the ruble exchange rate. The ruble exchange rate is falling, inflation is rising, and this is how ordinary Russians are robbed for the second time. As for me, in all cases when the currency of foreign companies leaves Russia under the signature of “responsible” people, it is necessary to initiate criminal proceedings
- the politician summed up his negative reaction to the deal.
Photos used: QuinceCreative/pixabay.com
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