The UK Institute of Export on 26th April announced the publication of a new, updated Doing Business in Russia Guide.  The Institute says that latest figures show that in 2016 the UK exported £5.3 billion goods and services to Russia, making it the UK’s 27th largest export market according to figures from ONS in 2016, and there was a remarkable 75% increase of goods and services exports between 2009 and 2012.  The Institute says that the main aim of the guide is to provide basic knowledge about Russia; an overview of its economy, business culture, potential opportunities and to identify the main issues associated with initial research, market entry, risk management and cultural and language issues.  It says that it does not set out to provide all the answers in the guide, but novice exporters in particular will find it a useful starting point.


Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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