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Russia: Putin holds meeting with UK business community02:57

Russia: Putin holds meeting with UK business community

Russian Federation, Moscow
March 20, 2019 at 16:16 GMT +00:00 · Published

Russian President Vladimir Putin met with the representatives of the UK’s business community in the Kremlin on Wednesday.

The Russian leader said that the despite the relations between Moscow and London not being the best recently, the trade between the two countries has increased.

Putin stated that in 2017, the trade turnover between the countries “grew by 23 percent at once. And after energy prices stabilised, last year it grew by another 8 percent, reaching $13.7 billion.”

Putin also thanked BP Executive Director Robert Dudley for the initiative to meet in the Kremlin.

According to Dudley, “we [BP] now account for more than half of the capital flows from the UK to Russia.”

“There is a huge potential for the companies and other companies from across the UK and industries and sectors to grow, diversify trading and connections between the two countries,” he added.

Russia: Putin holds meeting with UK business community02:57
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Russian President Vladimir Putin met with the representatives of the UK’s business community in the Kremlin on Wednesday.

The Russian leader said that the despite the relations between Moscow and London not being the best recently, the trade between the two countries has increased.

Putin stated that in 2017, the trade turnover between the countries “grew by 23 percent at once. And after energy prices stabilised, last year it grew by another 8 percent, reaching $13.7 billion.”

Putin also thanked BP Executive Director Robert Dudley for the initiative to meet in the Kremlin.

According to Dudley, “we [BP] now account for more than half of the capital flows from the UK to Russia.”

“There is a huge potential for the companies and other companies from across the UK and industries and sectors to grow, diversify trading and connections between the two countries,” he added.

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