Moscow is considering what additional incentives to offer expatriate highly skilled Russians to persuade them to return home, the Ministry of Industry and Trade announced today.
Russia is known for its world-renowned engineers and technologists, but for years it has struggled to stem the tide of flight of its most important scientists.
In addition, Russia’s military intervention in Ukraine, which began on February 24, has forced thousands of Russians who oppose the war and want to avoid the blow of Western sanctions to flee their country.
Alexander Sergeyev, president of the Russian Academy of Sciences, spoke last week of a major brain drain over Western sanctions imposed in 2014 in response to the annexation of Crimea, which have been tightened significantly since the current Russian invasion.
Russia has been carrying out a program of repatriation of highly skilled workers since 2007.
“The further development of this program is being considered with additional benefits that will attract highly qualified Russians from different fields,” the ministry said, without specifying what kind of benefits it’s.
The existing program includes compensation for travel costs, six months’ unemployment benefit and other financial incentives, the ministry said.
The Kremlin-based Izvestia newspaper quoted government sources as saying that highly skilled expatriate Russians were showing interest in returning to Russia because of pressure from Western countries over Moscow’s intervention in Ukraine.
Russia has sent tens of thousands of troops to Ukraine in what it calls a “special military operation” aimed at demilitarizing and “de-Naziizing” its neighbor.
Ukrainian forces are strongly resisting and the West has imposed sweeping sanctions on Russia in an effort to force it to withdraw its forces.
Source: ΑΠΕ-ΜΠΕ
Source: Capital

Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.