Home ECONOMY Putin forces foreign social media companies to open offices in Russia

Putin forces foreign social media companies to open offices in Russia

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Vladimir Putin has a message for Facebook and Twitter: See you in Moscow.

The Russian president on Thursday signed a law requiring major social media companies operating in the country to open offices there or face harsher penalties.

If firms like Facebook and Twitter – neither of which currently have offices in Russia – do not set up physical offices in the country or open separate Russian business entities, they could be hit with costly penalties, including advertising bans. could.

“A foreign entity carrying out activities on the Internet in Russia is obliged to create a branch, open an office or establish a Russian legal entity,” the new law said.

Twitter spokeswoman Amy Rose Hurt declined to comment on whether the company plans to open a Russian office, while Facebook did not immediately respond to an investigation.

The law applies to any social media company in Russia with 500,000 or more daily users, according to Alexander Khinshtein, head of the Information Policy and IT Committee in Russia’s lower house of parliament.

Russian President Vladimir Putin Put
In March, Putin’s government accused Twitter of failing to make adequate efforts to remove “child pornography, pro-narcotic and suicidal content”.
Adam Berry/Getty Images

In all, about 20 foreign companies – including retailers and e-commerce firms – could be affected by the law, Russian state media reported.

Putin’s blessing for the new law – which comes weeks after his June meeting with US President Biden – is part of a broader fight against US social media companies.

In March, Putin’s government accused Twitter of failing to make adequate efforts to remove “child pornography, pro-narcotic and suicidal content”. In retaliation, the country’s communications watchdog slashed Twitter’s web traffic and threatened to ban the site outright before backtracking in May.

In this photo illustration, the social media application logos Twitter, Google+, Google+, Gmail, Facebook, Instagram and Snapchat are displayed on the screen of the Apple iPhone.
If firms like Facebook and Twitter — neither of which have offices in Russia — don’t establish a physical presence in the country, they could face penalties, including an advertising ban, under the new law.
Chesnot/Getty Images

Twitter, Facebook, Google and Telegram are all set for a Russian hearing later this month with new allegations that they allegedly failed to remove illegal content quickly.

Russian officials have also in the past objected to political opponents of the Kremlin such as Alexei Navalny using foreign social media platforms to organize protests and publicize investigations into alleged corruption.

post with wires

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