About the Forum 2016

In 2016, representatives of business and government from both countries, including members of the United Kingdom Parliament, employees of relevant departments, representatives of public and private companies working in the financial sector, energy, transport, information technology, retail and other industries took part in the 2nd Russian-British Business Forum.
Despite the sanctions context, analysis, ideas and proposals for developing cooperation formulated within the Forum improved mutual understanding of the economic and trade agendas of the two countries and brought their positions closer together. The Forum helped lay the basis for expert cooperation in 2017 and the development of new projects in a number of industries.

Taken together, thanks to the success of the Forum in 2015 and 2016, ongoing dialogue and business activity, the parties have managed to reverse the negative trend of declining trade turnover and return for the first time in the last three years to its planned growth.

"We are trying to understand Russia’s position and improve our relations. But they’re not so bad in truth. I think they will become even better in connection with events now taking place in the world. I think we need to look at events dynamically. The EU sanctions against Moscow are unlikely to be lifted in the immediate future. But Britain is also leaving the European Union", Edward Lee, Parliamentarian and head of the British inter-party parliamentary group for Russia, said at the Forum.

"Business cooperation has become the victim of geopolitical and economic sanctions. However, the UK remains one of Russia’s largest trading partners and investors. Despite the current situation, British companies are showing an interest in the Russian market", commented Boris Abramov, the Russian Federation’s Trade Representative in the UK.

In previous years, BSI Global Group, PJSC Aeroflot-Russian Airlines, PJSC Sberbank of Russia, Dell EMC, IDS, Iceland Foods, Pinsent Masons, the Russo-British Chamber of Commerce, Enterprise Europe Network, Delovaya Rossiya, the Skolkovo Foundation, the Agency for Strategic Initiatives and other organisations have been Forum partners.