"The TNK-BP situation will not escalate": UK Trade Minister
Published: 15 April, 2008, 17:22
Russo-British relations have been at a low ebb in recent years and several UK investors in Russia say they're experiencing difficulties. Chief Executive of the UK Trade and Investment Andrew Cahn spoke to RT on the state of economic ties between the count
“It's a pity, there has been state intervention in a number of commercial transactions, we regret that. But Russian government can operate as it wishes in its own country. We need to work with the Russian government to find solutions to these problems,” Cahn said.
“At the moment Britain is the largest overseas investor in Russia,” he stressed.
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15.04.2008, 16:25
Interview with Andrew CahnRusso-British relations have been at a low ebb in recent years and several UK investors in Russia say they're experiencing difficulties. Chief Executive of the UK Trade and Investment Andrew Cahn spoke to RT on the state of economic ties between the count |
16.04.2008, 07:36
Investors in Russian energy seek higher profitsRussia’s leading electricity provider RAO UES expects private energy firms to invest about 60 billion euros into new generating facilities in the next 15 years. But market players say hidden costs have cut into the profitability of investment in the secto |
