ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Ukraine war

Asian companies hesitate on Russia pullout as Western boycotts mount

Comments from Uniqlo boss highlight differing responses to Ukraine war

The invasion of Ukraine launched by President Vladimir Putin has prompted some companies to pull out of Russia in protest. (Source photos by AP and Reuters) 

SINGAPORE -- A divide between Asian companies and their Western peers over doing business in Russia shows little sign of narrowing, two weeks after the invasion of Ukraine.

While many Western companies have announced they are pulling out of Russia in protest, Asian companies have been notably less vocal in criticizing the invasion even as some curtail their activities in response to financial sanctions and other disruptions.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more