Federal
Calling on major United States companies still operating in the Russian Federation to reconsider their continued presence given Russia's full-scale invasion of Ukraine.
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IV
118TH CONGRESS
1ST SESSION
H. RES. 274
Calling on major United States companies still operating in the Russian
Federation to reconsider their continued presence given Russia’s full-
scale invasion of Ukraine.
IN THE HOUSE OF REPRESENTATIVES
APRIL 3, 2023
Mr. KEATING
(for himself, Mr. FITZPATRICK, Ms. KAPTUR, and Mr.
QUIGLEY) submitted the following resolution; which was referred to the
Committee on Foreign Affairs
RESOLUTION
Calling on major United States companies still operating
in the Russian Federation to reconsider their continued
presence given Russia’s full-scale invasion of Ukraine.
Whereas, on February 24, 2022, the Government of the Rus-
sian Federation, led by Vladimir Putin, launched an ex-
panded invasion of Ukraine;
Whereas, on February 18, 2023, Secretary of State Antony
Blinken released a statement stating that, ‘‘based on a
careful analysis of the law and available facts, I have de-
termined that members of Russia’s forces and other Rus-
sian officials have committed crimes against humanity in
Ukraine’’;
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•HRES 274 IH
Whereas, on February 18, 2023, while attending the Munich
Security Conference, Vice President Kamala Harris stat-
ed that the United States has formally determined that
members of Russia’s forces and other Russian officials
have committed crimes against humanity in Ukraine;
Whereas, while visiting Kyiv in February 2023, President
Biden said, ‘‘The cost that Ukraine has had to bear has
been extraordinarily high, and the sacrifices have been
far too great’’, while underscoring that, ‘‘the Americans
stand with you, and the world stands with you’’;
Whereas the United States, in tandem with allies and part-
ners, has imposed unprecedented and expansive sanctions
against Russia resulting in swift and severe economic
costs;
Whereas, on May 3, 2022, the Securities and Exchange Com-
mission issued a Sample Letter to Companies Regarding
Disclosures Pertaining to Russia’s Invasion of Ukraine
and Related Supply Chain Issues based on the potential
direct and indirect material impacts of the invasion on
companies with business operations or relationships in
Russia, Belarus, or Ukraine;
Whereas Article 9 of Russian Federal Law No. 31–FZ,
amended in September 2022, obliges all companies
present in Russia to contribute to a ‘‘partial mobiliza-
tion’’ in support of the war effort by facilitating the con-
scription of eligible staff and providing material support
upon demand of the Russian military;
Whereas, on December 21, 2022, during a visit by Ukrainian
President Volodymyr Zelenskyy to Washington, DC,
President Biden reaffirmed efforts to hold Russia ac-
countable for its war crimes in Ukraine;
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•HRES 274 IH
Whereas, as of March 20, 2023, according to the United Na-
tions Office of the High Commissioner for Human
Rights, Russia’s invasion of Ukraine has caused at least
22,209 civilian casualties, with 8,317 killed and 13,892
injured, as well as forcibly displaced more than
13,000,000 Ukrainians with estimates likely severely
undercounting the actual toll;
Whereas, on March 16, 2022, Ukrainian President Zelenskyy
urged that ‘‘All American companies must leave Russia
. . . leave their market immediately, because it is flooded
with [Ukrainian] blood’’;
Whereas in the same speech, President Zelenskyy called on
Congress to lead by pressuring companies ‘‘who finance
the Russian military machine’’ and conduct ‘‘business in
Russia’’ and to ‘‘make sure that the Russians do not re-
ceive a single penny that they use to destroy people in
Ukraine’’;
Whereas a team at the Yale School of Management has com-
piled a list of over 1,000 major foreign companies that
have curtailed their operations in Russia since February
24, 2022;
Whereas, according to the same Yale database of major for-
eign companies, 27 American companies are ‘‘defying de-
mands for exit or reduction of activities’’ and continue to
operate in Russia despite the horrific crimes taking place
in Ukraine;
Whereas, according to the same Yale database, 47 American
companies are ‘‘holding off new investments/develop-
ment’’ but are continuing substantive business inside
Russia;
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•HRES 274 IH
Whereas in testimony before the House Financial Services
Subcommittee on Investor Protection, Entrepreneurship,
and Capital Markets on November 15, 2022, it was noted
that ‘‘international sanctions and voluntary business re-
treats have exerted a devastating effect over Russia’s
economy’’;
Whereas, by refusing to reduce, cease, or withdraw operations
in Russia, these companies contribute to undermining ef-
forts undertaken by the United States and its allies that
are intended to deter further Russian aggression;
Whereas a number of United States and multinational com-
panies that do business in Russia do not provide life-
saving or health-related goods and services to the Rus-
sian people and contribute to Putin’s ability to wage war
and commit war crimes in Ukraine by providing revenue
for the Russian Government; and
Whereas individuals around the world have chosen to boycott
certain companies that continue to operate in Russia and
provide financial benefits to the Putin regime: Now,
therefore, be it
Resolved, That the House of Representatives—
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(1) calls on major United States companies still
2
operating in the Russian Federation to reconsider
3
their continued presence given Russia’s full-scale in-
4
vasion of Ukraine;
5
(2) supports and encourages Americans who
6
choose to exercise their free speech rights by boy-
7
cotting companies that do not provide lifesaving or
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•HRES 274 IH
health-related goods and services to the Russian peo-
1
ple yet continue to operate in Russia;
2
(3) condemns companies that continue to oper-
3
ate in Russia and provide financial benefits to the
4
Putin regime that enable his ability to continue wag-
5
ing war in Ukraine;
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(4) encourages American companies who pro-
7
vide goods and services to democracy activists in
8
Russia to create specific programs to continue to
9
make those goods and services available to support
10
democracy-promotion initiatives;
11
(5) commends companies that have already sus-
12
pended operations in or withdrawn from markets in
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Russia in response to the Putin regime’s unlawful
14
invasion of Ukraine; and
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(6) calls on the Department of State to issue a
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business advisory to inform individuals, businesses,
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financial institutions, and other persons of the
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heightened risks associated with conducting business
19
in Russia, particularly business activity that could
20
benefit the Putin regime, and include a list of the
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types of risks associated with continued business,
22
such as the need to conduct heightened due dili-
23
gence, and particularly at-risk business partners in-
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•HRES 274 IH
cluding Russian state agencies, State-owned and af-
1
filiated businesses, and oligarchs.
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Æ
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