The Russian Trade Delegation in the UK is the earliest foreign trade office in the Russian history. It was opened in 1920 in London.

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Presentation transcript:

On the edge of 100 years of bilateral cooperation between Russia and the UK

The Russian Trade Delegation in the UK is the earliest foreign trade office in the Russian history. It was opened in 1920 in London

*more than 100 Russian companies run business in the UK Despite sanctions *more than 600 Britain companies successfully operating in Russia *more than 100 Russian companies run business in the UK

UK – Trade partners’ positions ($ bn) January-November 2018 All - Trade turnover 1 064.7 $ bn

Russia – Trade partners’ positions ($ bn) January-November 2018 All - Trade turnover 625.1 $ bn

Trade relations statistics: Russian import from the UK

Trade relations statistics: Russian export to the UK

10 years of trade relations in dynamic (bn $)

Russia is № 1 UK partner by trade turnover pace I-III Q in 2018 Oil and gas products are still dominating: + 65.6% (6.4 $bn) Fertilizer growth twice (100 $m) Equipment + 88.3% (81 $m) Main driver - Russian export Turnover +34.5%

2019 is promising more success in different spheres Medicine and pharma ceuticals Retail Services Sport and tourism Energy, natural resources Industry and production Agri culture IT sector

Sustainable growth in Russian-British trade relations: New businesses are coming Russian non-resource export is growing 26 $bn Trade turnover in 2024

Russian Trade Delegation agenda: Promotion of the Russian companies representing different spheres of economic activity, including “MAKFA” and “Russian Glass Company” Assistance in exploring the new opportunities in the Russian market – JCB, Hydro Industries, Blackthorne, AstraZeneca, GlaxoSmithKline Facilitation of the bilateral trade in the agricultural sector Promotion of the Russian medical high technologies and VR-solutions Promotion of umbrella Russian brand “Made in Russia”

Thank you for attention! Trade Representative Mr Boris Abramov Address: 32-33 Highgate West Hill, London N6 6NL, UK Phones: +44 (0) 208 340 1907 email info@rustrade.org.uk http://rustrade.org.uk