RPT-For Western companies, Russia's recovery is worth waiting for

April 23, 2015 12:00 PM

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MOSCOW, April 23 (Reuters) - Western companies are sticking with Russia, waiting for an economic rebound that they expect will once again bring rich rewards although some have cut operations to weather the slump.

Russia is expecting a steep recession this year, caused by low international oil prices and Western sanctions over the Ukraine conflict even though international tensions have eased.

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