Monday, 27 February 2012


I was delighted to return to Russia last week, the first time in many years and the first time during the Russian winter!

I was there to meet and sign an MOU with Valery A. Yazev President of the Russian Gas Society. We agreed to cooperate and market opportunities in the Russian energy sector to Commonwealth investors.

Russian Companies are looking to access finance via IPO and other means and the City of London is one of their key target and we have agreed to work together on a Russian Energy Forum early next year.

Enhancing links with Russia is part of CBC’s work to increase commonwealth trade with the wider economy and we are looking forward to receiving Russian business delegations at CBC’s investment events around the Commonwealth. This MOU follows a similar one signed in China last year.

It was a pleasure to be back in Russia, particularly in the winter – Moscow under snow is a site not to be missed.

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