"We should not try to 'slam the door' but endeavour to preserve Russia's economic position in those markets which we spent so long cultivating," Potanin, 61, said on the Telegram messaging app.

"It would take us back 100 years to 1917. And the consequences - a global lack of confidence in Russia from investors - we would feel for many decades."

"This fully applies to major public companies," Potanin said. Russia said on Sunday that sovereign bond payments will depend on sanctions.

"We see that the West's own economies have suffered by imposing sanctions against Russia. So we must be wiser and avoid a scenario under which our sanctions hit us," Potanin said.

https://ca.yahoo.com/finance/news/dont-russia-back-1917-russias-064611920.html